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A Web Site Designed to Give Yachting Enthusiasts a Common

question 15

Multiple Choice

A Web site designed to give yachting enthusiasts a common discussion area would be classified as a(n) :


Definitions:

Aggregate Expenditure Line

A graphical representation showing the total planned spending on goods and services at different levels of national income.

Spending Multiplier

A factor by which a change in spending translates into a greater change in income and output throughout the economy.

Price Level

The calculated average price across the broad spectrum of goods and services in an economy.

Investment Spending

Expenditure on capital goods used to produce other goods and services in the future.

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