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Author Question: Comparing aggregate expenditure and aggregate incomes shows that A) aggregate expenditure is ... (Read 86 times)

P68T

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Comparing aggregate expenditure and aggregate incomes shows that
 
  A) aggregate expenditure is usually greater than aggregate income.
  B) aggregate income is usually greater than aggregate expenditure.
  C) they are equal.
  D) aggregate income cannot equal aggregate expenditure if we have any savings.

Question 2

The term capital, as used in macroeconomics, refers to
 
  A) the plant, equipment, buildings, and inventories of raw materials and semi-finished goods.
  B) financial wealth.
  C) the sum of investment and government purchases of goods.
  D) investment.



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fwbard

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Answer to Question 1

C

Answer to Question 2

A




P68T

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


dyrone

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Reply 3 on: Yesterday
Excellent

 

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