The part of aggregate planned expenditure that does not vary with real GDP ________.
A) equals zero
B) equals equilibrium expenditure
C) is autonomous expenditure
D) is induced expenditure
Correct Answer:
Verified
Q55: Suppose the consumption function is given by
Q56: If firms set prices and then keep
Q57: Planned saving equals
A)planned consumption expenditure plus disposable
Q58: When real GDP exceeds aggregate planned expenditure,
A)GDP
Q59: Which of the following is INCORRECT?
A)The multiplier
Q61: The value of the marginal propensity to
Q62: The marginal propensity to save is
A)total saving
Q63: The larger the slope of the AE
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