The Components of Aggregate Expenditure That Are Not Influenced by GDP

question 104

Multiple Choice

The components of aggregate expenditure that are not influenced by GDP are known as

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

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Definitions:

Dress Price

The pricing strategy specifically applied to clothing items, often considering factors such as brand, quality, and fashion trends.

Brand-Name Merchandise

Products that are marketed under a recognized, established company name, often representing quality, popularity, and market presence.

Off-Price Retailing

A retail strategy offering high-quality goods at lower prices, typically by selling excess inventory or out-of-season items.

Regular Prices

The standard or usual cost at which goods are sold to consumers.