Induced Expenditures Are Defined as That Part of

question 117

Multiple Choice

Induced expenditures are defined as that part of

• A) aggregate expenditure that responds to changes in real GDP.
• B) real GDP that does not respond to changes in aggregate expenditure.
• C) aggregate expenditure that does not respond to changes in real GDP.
• D) autonomous expenditure that responds to changes in real GDP.
• E) autonomous expenditure that does not respond to changes in real GDP.

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Definitions:

Ml

Milliliter, a unit of volume in the metric system, equal to one thousandth of a liter.

Pt

An abbreviation for "patient," the individual receiving medical care or assessment.

C

A general-purpose programming language that provides constructs that map efficiently to typical machine instructions.