Consumption Expenditure Minus Imports, Which Varies with Real GDP, Is

question 170

Multiple Choice

Consumption expenditure minus imports, which varies with real GDP, is

• A)aggregate expenditure.
• B)autonomous expenditure.
• C)planned consumption.
• D)induced expenditure.
• E)unplanned consumption.

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Definitions:

Shipping Cost

The expense associated with transporting goods from one location to another.

Net Investment

The total amount invested in a project or asset after deducting depreciation or other capital allowances.

MACRS Depreciation

Stands for Modified Accelerated Cost Recovery System, which is a method of depreciation in the U.S. that allows for the accelerated write-off of property under certain conditions.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.