Multiple Choice
Household spending:
A) is based primarily on unearned income.
B) tends to fluctuate widely as the economy moves through the business cycle.
C) is larger than the combined spending of all U.S. businesses, government units, and foreign buyers.
D) all of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q67: In macroeconomics, "income-determined spending"is:<br>A) spending by businesses
Q68: If the multiplier increases, injections into the
Q69: The _ _ refers to a change
Q70: A notable difference between household personal consumption
Q71: The least stable component of total spending
Q73: You would expect the increase in economic
Q74: Over time, total household spending shows more
Q75: Injections include:<br>A) investment spending, government purchases, exports,
Q76: The phase of the business cycle where
Q77: What role do profit expectations and interest