In the Circular Flow Diagram,aggregate Expenditure Includes ________

question 29

Multiple Choice

In the circular flow diagram,aggregate expenditure includes ________.

• A)consumption expenditure, saving, investment and government expenditure
• B)saving, investment, and taxes
• C)consumption expenditure, investment, government expenditure, and exports
• D)consumption expenditure, investment, government expenditure and net exports
• E)government expenditure, transfer payments, and taxes

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Definitions:

Euro

The official currency of the eurozone, which consists of 19 of the 27 European Union member states.

Exchange Rate

The price or value of one currency in terms of another, determining how much of one currency can be exchanged for another.

Litre

A metric unit of volume equal to 1000 cubic centimeters or approximately 0.26 US gallons, commonly used to measure fluids.

France

A country located in Western Europe, known for its history, culture, and significant contributions to art, science, and philosophy.