Aggregate Private Spending Is Stable According to Non-Activists PRIMARILY Because

question 66

Multiple Choice

Aggregate private spending is stable according to non-activists PRIMARILY because

• A)consumer spending is insulated from changes in income according to the PIH and LCH theories.
• B)private residential and non-residential investment is volatile.
• C)government spending is volatile.
• D)the money supply is unstable.

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