Consumption spending is $22 million, planned investment spending is $7 million, actual investment spending is $7 million, government purchases are $9 million, and net export spending is $3 million
Based on this information, which of the following is true?
A) Aggregate expenditure is equal to GDP. B) Aggregate expenditure is greater than GDP.
C) Aggregate expenditure is less than GDP. D) There was an unplanned change in inventories.
A
Economics
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Refer to the figure above. When the demand curve for flash drives is D and the supply curve of flash drives is S1, what is the shortage in the market if the price is $4?
A) 0 units B) 10 units C) 20 units D) 40 units
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Since the abandonment of the Bretton Woods system, balance of payments considerations have become ________ important, and exchange rate considerations ________ important in the conduct of monetary policy
A) more; less B) more; more C) less; less D) less; more
Economics