Which of the Following Will Cause an Upward Shift of the Expenditure

question 82

Multiple Choice

Which of the following will cause an upward shift of the expenditure line?

• A)A decrease in wealth
• B)A decrease in government purchases
• C)A decrease in taxes
• D)An increase in imports
• E)An increase in saving

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Definitions:

Amortized

The process of gradually writing off the initial cost of an asset over a period, or similarly, spreading loan payments over the loan term.

Amortization

Amortization is the process of gradually writing off the initial cost of an intangible asset over its useful life, reflecting its consumption or decline in value.

Intangible Assets

Non-physical assets such as patents, copyrights, and goodwill that have value to a business.

Utility

A measure of the satisfaction or benefit derived from consuming goods and services.