Quiz_228 - 10 10 A AE=C I G C AE=C I G NX B AE = C I depreciation-NX D AE = C I G NX Answer C Diff:2 PageRef:751\/345 Topic LearningOutcome Macro8:

Quiz_228 - 10 10 A AE=C I G C AE=C I G NX B AE = C I...

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10) The formula for aggregate expenditure is A)AE=C+I+G.Answer: CB)AE=C+I+depreciation-NX.C)AE=C+I+G+NX.D)AE=C+I+G-NX.10)Diff: 2Page Ref: 751/345Topic: The Aggregate Expenditure ModelLearning Outcome: Macro 8: Investigate the relationship between income and expendituresAACSB: Reflective Thinking 11) Actual investment spending doesnotinclude 11)Diff: 1Page Ref: 751/345Topic: Planned Investment and Actual InvestmentLearning Outcome: Macro 8: Investigate the relationship between income and expendituresAACSB: Reflective Thinking 12) Inventories refer to 12)Diff: 1Page Ref: 751/345Topic: Planned Investment and Actual InvestmentLearning Outcome: Macro 3: Identify and interpret key macroeconomic measuresAACSB: Reflective Thinking 13) An unplanned increase in inventories results from 13)Diff: 2Page Ref: 751/345Topic: Planned Investment and Actual InvestmentLearning Outcome: Macro 3: Identify and interpret key macroeconomic measuresAACSB: Reflective Thinking 14) If inventories decline by more than analysts predict they will decline, this implies that A) actual investment spending was equal to than planned investment spending.B) there is no relationship between actual investment spending and planned investmentspending.C) actual investment spending was greater than planned investment spending.D) actual investment spending was less than planned investment spending.Answer: D14)Diff: 2Page Ref: 751/345 Topic: Planned Investment and Actual Investment Learning Outcome: Macro 8: Investigate the relationship between income and expenditures AACSB: Reflective Thinking 3
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  • Spring '11
  • Lee
  • Economics, aggregate expenditure, AACSB, Page Ref

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