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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Definitions:

ABCDE Rule

A guideline used for detecting skin cancer, focusing on Asymmetry, Border irregularity, Color variation, Diameter, and Evolving nature of skin lesions.

Melanoma

A serious form of skin cancer that arises from melanocytes, cells that produce the pigment melanin, which can spread to other parts of the body if not treated early.

Basal Cell Carcinoma

A type of skin cancer that arises from the basal cells, which are small, round cells found in the lower part of the epidermis. It is usually caused by long-term exposure to UV radiation from the sun.

Squamous Cell Carcinoma

A type of skin cancer arising from squamous cells, which are flat cells found in the skin's outer layer, potentially aggressive if untreated.