Multiple Choice
Without the government or the foreign sector in the income-expenditure model, consumption equals
A) planned aggregate expenditures plus actual investment.
B) planned aggregate expenditures minus inventory adjustment.
C) planned aggregate expenditures plus planned investment.
D) planned aggregate expenditures minus planned investment.
Correct Answer:

Verified
Correct Answer:
Verified
Q283: Refer to the information provided in Figure
Q284: A multiplier of 1 means the MPS
Q285: If Inventory investment is higher than firms
Q286: Refer to the information provided in Table
Q287: Aggregate output will decrease if there is
Q289: If the MPS is 0.05, the MPC
Q290: If C = 200 + 0.5Y and
Q291: If consumption is $60,000 when income is
Q292: When the economy is in equilibrium, savings
Q293: If unplanned inventory investment is negative, then<br>A)