The Largest Component of Aggregate Expenditure Is _____

question 58

Multiple Choice

The largest component of aggregate expenditure is _____.

• A)government purchases
• B)transfer payments
• C)imports
• D)consumption
• E)investment

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Definitions:

Hypothetical Industries

Conceptual or theoretical sectors proposed for the purpose of analysis or discussion, which may not exist in reality.

Buyer-Seller Relationships

The dynamic interaction and association between buyers and sellers, including negotiations, transactions, and ongoing communication for the purpose of exchanging goods or services.

Antitrust Laws

Legislation enacted to prevent anti-competitive practices, monopolies, and to ensure fair competition in an open-market economy.

Economic Objective

A goal that an economy aims to achieve in a specified period, such as economic growth, low unemployment, or price stability.