If C represents aggregate consumption, Id represents domestic investments, G represents government expenditures, E represents national expenditures on goods and services, X represents foreign demands for exports, and M represents domestic demand for imports, then aggregate demand in an economy equals:
A) C + Id + G.
B) E + C + Id + (X - M) .
C) C + Id + G + (X - M) .
D) C + Id + G + (M - X) .
Correct Answer:
Verified
Q6: Which of the following will NOT cause
Q7: When taking into account foreign-income repercussions, the
Q8: The locomotive theory posits that growth in
Q9: The greater the marginal propensity to import:
A)the
Q10: If the marginal propensity to save is
Q12: The amount by which imports increase when
Q13: At points above the IS curve, there
Q14: Fiscal policy consists of:
A)changes in money supply
Q15: Equilibrium GDP in the short-run is determined
Q16: An increase in the spending multiplier causes
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents