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In the Aggregate Expenditure Model,________ Has Both an Autonomous Component

question 133

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In the aggregate expenditure model,________ has both an autonomous component and an induced component.


Definitions:

Successive Years

Consecutive years; years following one after another in a sequential order.

Annual Rate of Return

The percentage of profit or loss on an investment over the period of a year.

Equal Payments

Payments of the same amount over a specified period of time.

Surplus Cash

Excess funds that a business or individual has, which are not needed for immediate operational expenses or reserved funds.

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