In a Certain Economy, the Components of Planned Spending Are

question 47

Multiple Choice

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 planned aggregate expenditure (PAE) ?

• A) [790 - 700r] + 0.8Y
• B) [790 - 700r]
• C) [910 - 700r]
• D) [910 - 700r] + 0.8Y

---

Definitions:

Interlocking Directorates

Are formed when an individual sits on the board of directors of two or more non-competing companies.

Conglomerates

Are large corporations that operate in several industries at the same time.

Heredity

The conveyance of genetic traits, including physical and mental features, from ancestors to descendants.

Intelligence

is the mental capacity to learn from experience, solve problems, and use knowledge to adapt to new situations.