Which of the following is not a component of aggregate expenditure?
a. Consumption expenditures
b. Investment
c. Imports
d. Rent
e. Government purchases
d
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________ is said to exist when the formation of a regional trading group leads to the reduction of trade with nonmember countries in favor of member countries
A) Trade creation B) Trade diversion C) Trade exclusion D) Trade distortion
"Bank failure may not be limited to banks that have mismanaged their assets." Explain why?
What will be an ideal response?
Going from a closed to an open economy ________ macroeconomic policymaking, especially now that exchange rates are ________
A) complicates, flexible B) complicates, fixed C) simplifies, flexible D) simplifies, fixed
Investment is a flow of resources into the production of new capital
a. True b. False Indicate whether the statement is true or false