Exploring Macroeconomics
8th Edition
ISBN: 9781544363332
Author: Robert L. Sexton
Publisher: Sage Publications
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Question
Chapter 15, Problem 2P
To determine
To identify:
The component of aggregate expenditure which is the most volatile and the largest.
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Students have asked these similar questions
how will the different components of aggregate expenditure be affected by the increase in government spending? Analyse both the short run and the long run effect upon the components of aggregate expenditure.
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If economists forecast a decrease in aggregate expenditure, which of the following is likely to occur?GDP will rise. GDP will fall. Wages will rise. Inventories will fall.
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