In the Circular Flow Diagram, Aggregate Expenditure Includes

question 340

Multiple Choice

In the circular flow diagram, aggregate expenditure includes

• A) consumption expenditure, saving, investment and government expenditure.
• B) consumption expenditure, saving, investment and net exports.
• C) consumption expenditure, investment, government expenditure and net exports.
• D) consumption expenditure, saving, government expenditure and net exports.

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Definitions:

Discomfort

A feeling of physical or emotional unease or distress.

Compassionate Identity

The aspect of an individual's self-concept that is related to feelings, expressions, and acts of compassion toward others.

Social Norms

Accepted behaviors that are considered standard within a group or society.

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting cognitions (ideas, beliefs, values, or emotional reactions).