Aggregate Output Is the Sum of Consumer Spending on Goods

question 209

True/False

Aggregate output is the sum of consumer spending on goods and services and investment spending by firms.

---

Definitions:

Agreement

An agreement or compact formed between two independent nations.

Litigation File

A compiled set of documents and records associated with a legal case.

Civil Trial

A legal proceeding where parties in dispute seek a resolution in a court of law without involving criminal charges.

Evidence

Anything that is used to prove the existence or nonexistence of a fact.