Multiple Choice
Consumption spending is $5 million, planned investment spending is $8 million, unplanned investment spending is $2 million, government purchases are $10 million, and net export spending is $2 million. What is aggregate expenditure?
A) $15 million
B) $23 million
C) $25 million
D) $27 million
E) $29 million
Correct Answer:
Verified
Correct Answer:
Verified
Q33: National income =<br>A)Consumption + Saving - Taxes<br>B)Consumption
Q241: Why is the aggregate demand curve downward
Q300: Which is the smallest component of aggregate
Q301: All of the following are true statements
Q302: If firms sell what they expected to
Q303: Ceteris paribus, how does a recession in
Q304: Suppose Canada experiences a long period of
Q306: Equations for C, I, G, and NX
Q308: You review a salesman's income over a
Q310: Macroeconomic equilibrium occurs when<br>A)aggregate expenditure = GDP.<br>B)aggregate