The Portion of Planned Aggregate Expenditure Determined Within the Model

question 149

Multiple Choice

The portion of planned aggregate expenditure determined within the model (because it depends on output) is called ______ planned aggregate expenditure.

• A) potential
• B) planned
• C) actual
• D) autonomous
• E) induced

---

Definitions:

Payroll Taxes

Charges assessed on employers and their workers, based on a percentage of the compensation paid to employees.

Worker

An individual who performs services or labor, usually in exchange for compensation, within an economy.

Employer

An individual or organization that hires and pays people to perform specific jobs.

Public Finance

The study of government revenue, expenditure, and adjustment of government budgets and its effect on the economy.