Which of the following best describes aggregate expenditure?
A) C + I + G + (X - IM)
B) C + S + G + (X - IM)
C) C + I + G + (X + IM)
D) C + I + T + (X - IM)

Question

Which of the following best describes aggregate expenditure?  
A) C + I + G + (X - IM) 
B) C + S + G + (X - IM) 
C) C + I + G + (X + IM) 
D) C + I + T + (X - IM)

Quizplus · Accepted Answer

Aggregate expenditure is the total amount spent on the nation's goods and services and is calculated as the sum of consumption (C), investment (I), government spending (G), and net exports (exports minus imports, X - IM).

Which of the Following Best Describes Aggregate Expenditure