Read the Two Statements Below and Indicate If They Are

question 309

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

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Definitions:

Uniform Electronics Transactions Act

Legislation that provides legal framework and recognition for electronic signatures and records in commerce.

Electronic Signatures

Digital forms of signatures used to validate the integrity and authenticity of a digital document, message, or transaction.

Legal Framework

The structure of laws, regulations, and legal institutions that guide how a society operates, protects rights, and administers justice.

Parol Evidence

The rule that bars oral testimony or prior written agreements that contradict or modify the terms of a written contract.