« previous next »

Author Question: The components of aggregate expenditure that change when real GDP changes are known as A) ... (Read 38 times)

formula1

  • Hero Member
  • *****
  • Posts: 666
on: Jun 29, 2018
The components of aggregate expenditure that change when real GDP changes are known as
 
  A) unplanned expenditure.
  B) induced expenditure.
  C) autonomous expenditure.
  D) changeable expenditure.
  E) planned expenditure.

Question 2

What are GATT and the WTO?
 
  What will be an ideal response?


janieazgirl

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

GATT is the General Agreement on Tariffs and Trade. It is an international agreement, established in 1947, that has lowered trade barriers among its more than 149 nation members. The WTO is the World Trade Organization, which was established in 1995 to enforce GATT and other international trade agreements, resolve trade disputes, and host trade negotiations.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Bones change radically in size and shape from newborn to adult, as these cervical vertebrae demonstr Bones change radically in size and shape from newborn to adult, as these cervical vertebrae demonstr
A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president
Global Climate Change Global Climate Change
The change in the net of an irradiance, in Wm-2, at the tropopause The change in the net of an irradiance, in Wm-2, at the tropopause
The components making up the DNA Pol III holoenzyme The components making up the DNA Pol III holoenzyme
Components of the lymphatic system Components of the lymphatic system
Video: Bone elongation - processes at the epiphyseal plate

For a complete list of videos, visit our video library