One Reason the Aggregate Expenditure Curve Slopes Upward Is Because

question 76

Multiple Choice

One reason the aggregate expenditure curve slopes upward is because increases when real GDP increases.

• A) government expenditures on goods and services
• B) investment
• C) exports
• D) consumption expenditure

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Definitions:

Noncontributory Programs

Social welfare programs that provide benefits to eligible individuals without requiring contributions from them, typically funded by general tax revenues.

Disparities

Inequities or differences, often unfair, observed between different groups of people.

Grants-In-Aid

Financial assistance provided by the federal government to state or local governments for specific projects or programs.

Deregulation

The process of removing or reducing government regulations from specific industries or sectors, often intended to increase efficiency and promote competition.