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Author Question: Planned aggregate expenditure increases when ________ in the income-expenditure model. (Read 123 times)

fbq8i

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Question 1

In 2016, the city of Springfield collected $375,000 in taxes and spent $450,000. In 2016, the city of Springfield had a


◦ budget surplus of $825,000.
◦ budget surplus of $75,000.
◦ budget deficit of $125,000.
◦ budget deficit of $75,000.

Question 2

Planned aggregate expenditure increases when ________ in the income-expenditure model.


◦ the government sector is included
◦ the government sector is excluded
◦ investment is excluded
◦ consumption is excluded


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Marked as best answer by fbq8i on Apr 19, 2019

mk6555

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fbq8i

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


sarah_brady415

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Reply 3 on: Yesterday
Excellent

 

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