Planned aggregate expenditure is equal to
A) consumption spending plus planned investment spending.
B) consumption spending plus planned investment spending plus government purchases plus net exports.
C) planned investment spending only.
D) consumption spending only.
B
Economics
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At the market clearing price
A) there is neither a shortage nor a surplus. B) quantity supplied equals quantity demanded. C) the supply and demand curves intersect. D) all of the above are correct.
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Which of the following is least likely to be considered a capital input?
A) a sewing machine B) a tractor C) a telephone D) a ten dollar bill
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