Examlex
In a certain economy, the components of planned spending are given by: C = 500 + 0.8(Y - T) - 300r
Ip = 200 - 400r
G = 200
NX = 10
T = 150
Given the information about the economy above, which expression below gives induced expenditures?
Strikes
Work stoppages initiated by employees to protest against policies or conditions of their employers.
U.S. Economy
Refers to the economic system of the United States, characterized by a mixed economy that includes private freedom, combined with centralized economic planning and government regulation.
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Organizations formed by workers in various industries to protect and advance their rights, wages, benefits, and working conditions through collective bargaining.
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