Expenditures That Do Not Vary with the Level of Real

question 137

Multiple Choice

Expenditures that do not vary with the level of real GDP are called

• A) exogenous aggregate expenditures.
• B) induced aggregate expenditures.
• C) endogenous aggregate expenditures.
• D) autonomous aggregate expenditures.

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Definitions:

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, and other assets.

Diverse Corporations

Companies that are varied in terms of their industry sectors, sizes, and cultural inclusivity within the workforce.

Lengthy Period

A significantly long duration of time.

Equity Mutual Fund

A type of mutual fund that invests principally in stocks, aiming to provide returns through dividends and capital gains.