Examlex

Solved

Which Component of Aggregate Expenditures Is the Least Sensitive to Changes

question 19

Multiple Choice

Which component of aggregate expenditures is the least sensitive to changes in the real interest rate?


Definitions:

Developed Country

A sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations.

Asthmatic Attack

A sudden worsening of asthma symptoms caused by the tightening of muscles around the airways.

Newspaper Ink

Newspaper Ink is the ink used for printing newspapers, often soy-based in modern times due to environmental considerations and for easier recycling.

Cigarette Smoke

The smoke emitted from burning tobacco in cigarettes, which contains harmful chemicals and toxins.

Related Questions