All of the following are one of the four main categories of spending identified

All of the following are one of the four main

This preview shows page 3 - 4 out of 4 pages.

4) All of the following are one of the four main categories of spending identified by John MaynardKeynesexcept A) net exports.B) consumption.C) government purchases.D) taxes.Answer: D4)Diff: 1Page Ref: 750/344Topic: The Aggregate Expenditure ModelLearning Outcome: Macro 8: Investigate the relationship between income and expendituresAACSB: Reflective Thinking1
Background image
5) A decrease in consumer confidence can put your job at risk if 5)Diff: 1Page Ref: 750/344Topic: The Aggregate Expenditure ModelLearning Outcome: Macro 8: Investigate the relationship between income and expendituresAACSB: Reflective Thinking 6) Economists first began studying the relationship between changes in aggregate expenditures andchanges in GDP 6)Diff: 1Page Ref: 750/344Topic: The Aggregate Expenditure ModelLearning Outcome: Macro 8: Investigate the relationship between income and expendituresAACSB: 7) Household spending on goods and services is known as 7)Diff: 1Page Ref: 750/344Topic: The Aggregate Expenditure ModelLearning Outcome: Macro 8: Investigate the relationship between income and expendituresAACSB: Reflective Thinking 8) All of the following are components of aggregate expenditureexcept A) actual investment spending.B) consumption spending.C) net export spending.D) government spending.Answer: A8)Diff: 2Page Ref: 750/344Topic: Planned Investment and Actual InvestmentLearning Outcome: Macro 8: Investigate the relationship between income and expendituresAACSB: Reflective Thinking 9) The aggregate expenditure model focuses on the ________ relationship between real spending and________. 9)Diff: 2Page Ref: 750/344 Topic: The Aggregate Expenditure Model Learning Outcome: Macro 8: Investigate the relationship between income and expenditures AACSB: Reflective Thinking 2
Background image

You've reached the end of your free preview.

Want to read all 4 pages?

  • Spring '11
  • Lee
  • Economics, AACSB, Page Ref, Reflective thinking, Blum integer, 133

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture