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
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