In a Closed Economy,aggregate Demand Is the Sum of

question 49

Multiple Choice

In a closed economy,aggregate demand is the sum of

• A)consumer expenditure,actual investment spending,and government spending.
• B)consumer expenditure,planned investment spending,and government spending.
• C)consumer expenditure,actual investment spending,government spending,and net exports.
• D)consumer expenditure,planned investment spending,government spending,and net exports.

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Definitions:

Social Responsibility

The obligation of organizations to act in ways that have a positive impact on society, including ethical, environmental, and social considerations.

Taxable Income

The amount of income that is subject to taxation, after all deductions and exemptions have been applied.

Non-profit Groups

Organizations that operate for the collective, public, or social benefit, rather than to generate profit for owners or investors.

Ethical Development

The process of learning and embodying principles of right conduct, often involving the understanding and application of moral frameworks and guidelines.