Which Is the Largest Component of Aggregate Expenditure in Australia

question 49

Multiple Choice

Which is the largest component of aggregate expenditure in Australia?

• A)planned investment expenditures
• B)consumption expenditures
• C)government expenditures
• D)net export expenditures

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Definitions:

Stockholders' Equity

The portion of a company's assets that belongs to the shareholders, represented by the company's common stock, preferred stock, and retained earnings.

Accrued Wages

Wages that have been earned by employees but have not yet been paid by the employer.

Accrued Revenues

Income that has been earned but not yet received; recorded to recognize revenue prior to cash receipt.

Depreciation Expense

The allocated expense of a tangible asset over its useful life, reflecting the use and wear and tear of the asset.