The four components of aggregate expenditures are:
A. consumption, imports, government spending, and net exports.
B. consumer durables, investment, government spending, and net exports.
C. consumption, investment, government spending, and net exports.
D. consumption, interest payments, government spending, and net exports.
Answer: C
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What will be an ideal response?
Suppose that one worker can produce 15 cookies, two workers can produce 35 cookies together, and three workers can produce 60 cookies together. What is the average product of the first two workers?
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