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Author Question: During 2012, a country has consumption expenditures of 3.0 trillion, investment expenditures of 1.5 ... (Read 82 times)

jasdeep_brar

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on: Jun 30, 2018
During 2012, a country has consumption expenditures of 3.0 trillion, investment expenditures of 1.5 trillion, government expenditure of 1.5 trillion, exports of 1.0 trillion, and imports of 1.5 trillion.
 
  Aggregate expenditure for the country is
  A) 5.5 trillion. B) 6.5 trillion. C) 6.0 trillion. D) 8.5 trillion. E) 7.0 trillion.

Question 2

The market supply curve is the ________ of the ________.
 
  A) vertical sum; individual supply curves
  B) horizontal sum; individual supply curves minus the market demand
  C) horizontal sum; individual supply curves
  D) vertical average; individual supply curves
  E) vertical sum; individual supply curves minus the market demand


beccamahon

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


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