
Consumption spending is $6 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 the aggregate expenditure?
A) $15 million
B) $23 million
C) $25 million
D) $26 million
Correct Answer:
Verified
Q7: Household spending on goods and services is
Q8: The aggregate expenditure model focuses on the
Q8: 'Investment spending' does not include:
A)spending on consumer
Q10: Macroeconomic equilibrium occurs when:
A)aggregate expenditure = GDP.
B)aggregate
Q11: The key idea of the aggregate expenditure
Q12: If firms find that consumers are purchasing
Q14: When aggregate expenditure is more than GDP,
Q27: Goods that have been produced but not
Q28: Aggregate expenditure includes spending on
A)C + I
Q31: Which of the following is not a
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