The Four Components of the Aggregate Expenditures Model Are

question 11

Multiple Choice

The four components of the aggregate expenditures model are:

• A)consumption, investment, inventories, and government purchases.
• B)consumption, planned investment, unplanned changes in inventory, and exports.
• C)consumption, investment, government purchases, and net exports.
• D)consumption, investment, exports, and imports.

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Definitions:

Pollution

The introduction of contaminants into the natural environment, causing adverse change and harm to ecosystems and human health.

Clean Air Act

A comprehensive federal law in the United States that regulates air emissions from stationary and mobile sources to control air pollution.

Civil Penalties

Financial penalties imposed by a governmental entity as punishment for violating laws or regulations, differing from criminal penalties.

Criminal Penalties

Punishments imposed for violations of criminal law, which may include fines, imprisonment, probation, and other sanctions.