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Induced Expenditures Are Defined as That Part of

Question 117

Multiple Choice

Induced expenditures are defined as that part of


A) aggregate expenditure that responds to changes in real GDP.
B) real GDP that does not respond to changes in aggregate expenditure.
C) aggregate expenditure that does not respond to changes in real GDP.
D) autonomous expenditure that responds to changes in real GDP.
E) autonomous expenditure that does not respond to changes in real GDP.

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