Which of the following is NOT a part of aggregate expenditure?

A) exports
B) investment
C) imports
D) government expenditure
E) taxes

E

Economics

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Because a public good creates benefits everyone shares, individuals are generally very willing to bear the cost of providing the good

Indicate whether the statement is true or false

Economics

An increase in the expected inflation rate

A) leads to a movement downward along the short-run Phillips curve. B) shifts the short-run Phillips curve downward. C) shifts the long-run Phillips curve upward. D) shifts the short-run Phillips curve upward. E) leads to a movement upward along the short-run Phillips curve.

Economics