Induced expenditure is the portion of planned aggregate expenditure that A

Induced expenditure is the portion of planned

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45.Induced expenditure is the portion of planned aggregate expenditure that: A. equals aggregate output.B. equals planned spending.C. equals autonomous expenditure.D. is independent of output.
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46.The two parts of planned aggregate expenditure are _____ expenditures and _____ expenditures.
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47.When real output increases, planned aggregate expenditures increase because:
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48.When real output decreases, planned aggregate expenditures decrease because:
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49.In Macroland autonomous consumption equals 100, the marginal propensity to consume equals .75, net taxes are fixed at 40, planned investment is fixed at 50, government purchases are fixed at 150, and net exports are fixed at 20. Autonomous expenditure equals: A. 100B. 290C. 320D. 350
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50.In Macroland autonomous consumption equals 100, the marginal propensity to consume equals .75, net taxes are fixed at 40, planned investment is fixed at 50, government purchases are fixed at 150, and net exports are fixed at 20. Induced expenditure equals:
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51.Short-run equilibrium output is the level of output at which actual output:
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52.When prices are predetermined, the level of output that equals planned aggregate expenditure is called _____ output.
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53.In Macroland autonomous consumption equals 100, the marginal propensity to consume equals .75, net taxes are fixed at 40, planned investment is fixed at 50, government purchases are fixed at 150, and net exports are fixed at 20. Short-run equilibrium output in this economy equals: A. 387B. 1000C. 1150D. 1160
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54.Data on output and planned aggregate expenditure in Macroland are given below.Based on these data the short-run equilibrium level of output is _____.
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55.Data on output and planned aggregate expenditure in Macroland are given below.Based on these data the short-run equilibrium level of output is _____.
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