Multiple Choice
Which is the smallest component of aggregate expenditure?
A) planned investment expenditures
B) consumption expenditures
C) government expenditures
D) net export expenditures
Correct Answer:

Verified
Correct Answer:
Verified
Q39: Decreases in the price level will<br>A)lower consumption
Q40: Aggregate expenditure includes consumption spending,unplanned investment spending,government
Q41: If the marginal propensity to save is
Q42: If the marginal propensity to save is
Q43: If the consumption function is defined as
Q45: If aggregate expenditure is more than GDP,then
Q46: Higher interest rates increase both consumption and
Q47: Figure 12-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 12-1
Q48: C = 2,550 + (MPC)Y<br>I = 800<br>G
Q49: Consumption spending is $5 million,planned investment spending