This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The sum of consumption (C), investment (I), government spending (G), and net exports (X-M) is ... (Read 74 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
on: Jun 30, 2018
The sum of consumption (C), investment (I), government spending (G), and net exports (X-M) is called:
 a. autonomous spending.
  b. aggregate expenditures.
  c. Keynesian income
  d. wealth.

Question 2

Which of the following provides the best explanation of why money is valuable?
 a. Money is valuable because it is indivisible.
  b. Money is valuable because it is scarce.
  c. Money is valuable because it is backed by precious metals, primarily gold and silver.
  d. Money is valuable because it has intrinsic value, independent of its use as a means of exchange.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

14vl19

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


Lobcity

  • Member
  • Posts: 524
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
Diet Soda's Consumption's Association with Increased (not Decreased) Prevalence of ... Diet Soda's Consumption's Association with Increased (not Decreased) Prevalence of ...
Reaction 1: The First ATP Investment Reaction 1: The First ATP Investment
Industrialized nations consumption Industrialized nations consumption
Government Corruption versus GDP per Capita, 2009 Government Corruption versus GDP per Capita, 2009
Video: Griffith's experiments

For a complete list of videos, visit our video library