The Largest Component of Planned Aggregate Expenditure Is

question 120

Multiple Choice

The largest component of planned aggregate expenditure is

• A) consumption.
• B) private-sector investment.
• C) government purchases.
• D) exports.
• E) imports.

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Definitions:

Expected Benefit Approach

A method used in actuarial science and finance to calculate the anticipated benefits and corresponding costs or contributions to a pension plan over time.

Output Market

The marketplace in which goods and services produced by businesses are sold or offered to end users or consumers.

U.S.GAAP

United States Generally Accepted Accounting Principles, a standard framework of accounting rules for financial reporting.

Long-lived Asset

An asset with a useful life longer than one year, typically including property, plant, and equipment, used in the operation of a company.