Consumption Spending Is $5 Million,planned Investment Spending Is $8 Million,actual

question 260

Multiple Choice

Consumption spending is $5 million,planned investment spending is $8 million,actual investment spending is $8 million,government purchases are $10 million,and net export spending is $2 million.Based on this information,which of the following is true?

• A)There was an unplanned change in inventories.
• B)Aggregate expenditure is equal to GDP.
• C)Aggregate expenditure is greater than GDP.
• D)Aggregate expenditure is less than GDP.

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Definitions:

Foundational Ideas

Core concepts or principles that serve as the underlying basis for a system, theory, or philosophy.

Human Dignity

The intrinsic worth that every individual possesses, deserving of respect and ethical treatment by others.

Androcentrism

A perspective or approach that prioritizes male interests, experiences, and norms, often marginalizing or ignoring female perspectives.

Paradigmatic Model

A framework or example that is seen as a typical or ideal instance for understanding or analyzing something within a particular discipline or field.