Solved

Consumption Is $60 Billion, Investment Is $54 Billion, Government Expenditure

Question 15

Multiple Choice

Consumption is $60 billion, investment is $54 billion, government expenditure is $47 billion, exports are $34 billion, and imports are $41 billion. What is aggregate expenditure?


A) $195 billion
B) $154 billion
C) $161 billion
D) $168 billion

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: If exports rise and imports fall:<br>A)equilibrium GDP

Q11: Which of the following figure shows the

Q12: Consider the following data. What is

Q13: A rise in the marginal propensity to

Q14: If investment decreases:<br>A)the aggregate expenditure line shifts

Q16: If the marginal propensity to consume is

Q17: Consumption is $3,600 when income is $4,000,

Q18: If the federal government lowers government expenditure:<br>A)aggregate

Q19: If the marginal propensity to consume is

Q20: Which figure shows the impact of a