Planned Aggregate Expenditure Is Total

question 65

Multiple Choice

Planned aggregate expenditure is total

• A) value added in the economy.
• B) planned spending on final goods and services.
• C) profits in the economy.
• D) revenue from the sale of goods and services.
• E) income of households,businesses,governments,and foreigners.

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Definitions:

Business Assets

Business assets are resources owned by a company that are expected to provide future economic benefits, including tangible assets like property and equipment, as well as intangible assets such as patents and trademarks.

Personalized Services

Tailored services that are adapted to meet the individual needs or preferences of customers, often used to enhance customer satisfaction and loyalty.

Mass Production

The manufacture of large quantities of standardized products, frequently using assembly line technology or automated systems.

Home-Based Consulting

Providing professional advice and services from a consultant’s residence rather than a traditional office setting.