The Number of Electrons Delivered Daily to an Average American

question 95

Multiple Choice

The number of electrons delivered daily to an average American home by an average power utility in the mid 1980s was

• A) 220.
• B) zero.
• C) 110.
• D) billions of billions.
• E) none of these

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Definitions:

Government Expenditures

The total amount spent by the government for its operations, public services, and social welfare programs.

Aggregate Spending

The total spending on goods and services in an economy at a given overall price level and in a given time period.

Marginal Propensity

The ratio of change in an economic variable, such as consumption or saving, to a change in another, like income.

Consumption Spending

The total amount of money spent by households and consumers on durable goods, nondurable goods, and services.