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Author Question: Comparing aggregate expenditure and aggregate incomes shows that A) aggregate expenditure is ... (Read 155 times)

P68T

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on: Jun 29, 2018
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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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


P68T

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Reply 2 on: Jun 29, 2018
Excellent

Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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