Consider a Simple Aggregate Expenditure Model Where All Components of Aggregate

question 132

Multiple Choice

Consider a simple aggregate expenditure model where all components of aggregate expenditure are autonomous except consumption. If the consumption function is
C = $500 + 0.8Y, planned investment = $200, government purchases = $300,
Net exports = $100, and real GDP = $1,000, what is the amount of aggregate expenditures?

• A) $800
• B) $1,000
• C) $1,100
• D) $1,900

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Oversimplified and widely held beliefs about a particular group of people that are often negative and unfair.

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Proceeding in a gradual, subtle way but with harmful effects, often without being noticed until it is too late.

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The act of matching attitudes, beliefs, and behaviors to what is considered normal or socially acceptable in a given group or society.

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Renowned psychologists known for their research in the area of interpersonal attraction, especially the distinction between companionate and passionate love.