In the Short-Run Macro Model,aggregate Expenditures Are Found by Which

question 173

Multiple Choice

In the short-run macro model,aggregate expenditures are found by which of the following formulas?

• A) AE = C + I + G + NX
• B) AE = Ip + T + S + G
• C) AE = C + Ip - T + NX
• D) AE = C + Ip + G + NX
• E) AE = C + Ip + G - NX

---

Definitions:

General Public

The broad group of people who are not segmented by any particular category or classification.

Subjective Standard

A legal or evaluative criteria based on personal opinions, feelings, or perspectives, rather than objective, measurable factors.

Requisite Intent

The necessary state of mind or intention required by law for a person to be held legally responsible for his/her actions.

Contract

A legally-binding agreement between two or more parties that outlines obligations and benefits for each party.