Personal consumption expenditures is the smallest component of ...

[Pineapplelove6]

Personal consumption expenditures is the smallest component of total spending.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The vertical portion of the aggregate supply curve shows that at full employment an increase in the price level will:
 a. not alter the economy's full-employment real GDP.
  b. increase the economy's full-employment real GDP.
  c. reduce the quantity of goods and services purchasers will demand.
  d. improve the overall efficiency of resource use.

[cupcake16]

Answer to Question 1

False

Answer to Question 2

a

[Pineapplelove6]

TYSM

[irishcancer18]

Thanks for the timely response, appreciate it