In the short-run macro model, aggregate expenditures are found by which of the following formulas?
a. AE = C + I + G + NX
b. AE = Ip + T + S + G
c. AE = C + Ip - T + NX
d. AE = C + Ip + G + NX
e. AE = C + Ip + G - NX
D
Economics
You might also like to view...
A term that means "all other things unchanged" is:
A) dependent variable. B) independent variable. C) quid pro quo. D) ceteris paribus.
Economics
For many corporations, a major portion of the cost of production is fixed in the short run. Should these very large fixed costs be ignored when the executives are making output and pricing decisions? Why?
What will be an ideal response?
Economics