To Simplify the Aggregate Expenditure Model,we Assume That There Is

question 32

Multiple Choice

To simplify the aggregate expenditure model,we assume that there is no

• A)consumption
• B)income
• C)government purchases
• D)net private investment
• E)capital depreciation nor business saving

---

Definitions:

Constitutional Source

The origin or basis of a legal principle found within a constitution.

Cooperative Federalism

An approach to federalism where national, local, and state governments work collaboratively and jointly to address mutual issues, instead of formulating policies independently.

Concurrent Powers

Powers that are shared by both the federal and state governments in the United States, allowing both to legislate on the same issues.

States' Rights

The rights and powers held by individual U.S. states rather than by the federal government, derived from the Tenth Amendment to the Constitution.