If the quantity demanded for labor is more than the quantity supplied, there will be unemployment

________ can trigger a recession

A) A decrease in autonomous expenditure B) An increase in autonomous expenditure C) An increase in induced expenditure D) Equality between aggregate expenditure and real GDP E) An increase in the expenditure multiplier

Personal consumption expenditures:

a. represent close to two-thirds of GDP. b. are equal to personal income minus individual taxes. c. include durable good purchases but not nondurable good purchases. d. do not include any intangible consumption items. e. include all goods and services bought by the government.