Author Question: In the United States, the growth rate of expenditures has been most volatile for A) durable ... (Read 61 times)

MirandaLo · **on:** Jun 30, 2018

In the United States, the growth rate of expenditures has been most volatile for

A) durable goods.
B) nondurable goods.
C) services.
D) The volatility has been roughly equal for all three categories of consumption expenditures.

Question 2

Total planned expenditure (equals income) is 13,500, autonomous consumption expenditure is 600, the marginal propensity to consume is 0.8, government purchases are 2,700, taxes are 2,500 and planned investment spending is 2,900.

Net exports is ________. A) 3,840
B) negative 1,500
C) negative 1,380
D) negative 1,340
E) 2,100