In a Closed Economy,aggregate Demand Is the Sum of

question 49

Multiple Choice

In a closed economy,aggregate demand is the sum of

• A)consumer expenditure,actual investment spending,and government spending.
• B)consumer expenditure,planned investment spending,and government spending.
• C)consumer expenditure,actual investment spending,government spending,and net exports.
• D)consumer expenditure,planned investment spending,government spending,and net exports.

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Definitions:

Phone Number

A sequence of digits assigned to a telephone line for the purpose of making and receiving calls.

Selective Attention

The process of focusing on a specific aspect of information while disregarding other perceivable information.

Short-term Memory

The component of the memory system that is responsible for holding small amounts of information in an active, readily available state for a short period.

Thorndike

An American psychologist known for his work in comparative psychology and the law of effect, related to learning.