Which of the Following Equations Equals Aggregate Expenditure

question 53

Multiple Choice

Which of the following equations equals aggregate expenditure?

• A) I = GDP - C + G
• B) GDP = I - G
• C) GDP = C + I + G
• D) GDP = C + I + G + (X-M)
• E) GDP = C + I + G - (X-M)

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Definitions:

Long-Term

Relating to or involving an extended period of time, often in the context of goals, memory, or investments.

Working Memory

A cognitive processing module with limited storage capacity, used for holding information momentarily for processing tasks.

Short-Term Memory

A limited-capacity store that can maintain unrehearsed information for about 20 to 30 seconds.

Sensory Memory

The shortest-term element of memory, which acts as a buffer for stimuli received through the senses, momentarily retaining impressions of sensory information after the original stimuli have ended.