Multiple Choice
In each of the four expenditure categories,national income accounts measure ________ expenditures,while the theoretical model of the economy deals with ________ expenditures.
A) actual; autonomous
B) desired; actual
C) induced; exogenous
D) endogenous; exogenous
E) actual; desired
Correct Answer:

Verified
Correct Answer:
Verified
Q65: Consider a simple macro model with a
Q66: Consider the following information describing an economy
Q67: Jeff and Lori's disposable income rose from
Q68: For firms or individual households in the
Q69: In general,the marginal propensity to spend is
Q71: If a family's annual disposable income rose
Q72: Consider the following information for an economy
Q73: Consider a consumption function of the following
Q74: In a simple macro model with demand-determined
Q75: Consider the following information describing a closed