Which of the Following Is Not a Component of Aggregate

question 85

Multiple Choice

Which of the following is not a component of aggregate expenditure?

• A)consumption
• B)government spending
• C)saving
• D)purchases of new plant and equipment by firms
• E)intentional increases in business inventories

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Definitions:

Binding Arbitration Clause

A contractual agreement to submit disputes to an impartial third party for a decision that is final and enforceable, often used in labor agreements.

Shop Stewards

Elected union representatives in the workplace tasked with safeguarding the rights of the workers and acting as a liaison between the workforce and the management.

Company Employees

Individuals employed by a company or organization, typically distinguished from contractors, consultants, and other non-permanent staff.

Unilateral Decisions

Actions or resolutions taken by one party or authority without consultation with or agreement from other parties affected by the decision.