Solved

Absorption Refers to

Question 20

Multiple Choice

Absorption refers to


A) the quantity of imports that is absorbed into the domestic economy.
B) the amount of government spending that is absorbed into the domestic economy.
C) the amount of transfer payments from the federal government that is absorbed into the domestic economy.
D) the quantity of aggregate output that is absorbed into the domestic economy.
E) the amount of current period income that is used to purchase domestic aggregate output.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions