Read the Two Statements Below and Indicate If They Are

question 324

Multiple Choice

Read the two statements below and indicate if they are true or false.
I. Autonomous expenditures change when GDP changes.
II. Aggregate planned expenditure is the sum of planned consumption expenditure, investment, government expenditure, and net exports.

• A) I and II are both false.
• B) I is true and II is false
• C) I and II are both true.
• D) I is false and II is true.

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Definitions:

Contractual Modifications

Changes or alterations mutually agreed upon by the parties involved in a contract.

Midnight Deadline Rule

A regulation requiring that certain types of contracts be physically delivered to the offeree by midnight of the next day after they are made to be effective.

Uncertified Check

is a check that has not been verified or guaranteed by the bank upon which it is drawn, making its acceptance based on the account holder's standing and available funds.

Six Months Old

Describes something, such as a product, document, or animal, that has existed or has been in use for six months.