Which of the following is not a component of aggregate expenditure?
A) government spending B) actual investment spending
C) planned investment spending D) consumption spending
B
Economics
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How do depository institutions create liquidity, pool risks, and lower the cost of borrowing?
What will be an ideal response?
Economics
Economists usually use the term "recession" to refer to:
a. any slowdown in the growth of real GDP. b. zero real GDP growth. c. two or more consecutive quarters of declining real GDP. d. a reduction in nominal GDP lasting more than six months.
Economics
In the classical model, the government needs to worry about employment
a. True b. False
Economics
In perfect competition, a firm's ________ curve is horizontal.
A. total revenue B. marginal revenue C. marginal cost D. total cost.
Economics