The Four Components of Aggregate Expenditure (AE) Are

question 11

Multiple Choice

The four components of aggregate expenditure (AE) are:

• A) consumption, investment, exports, and imports.
• B) consumption, investment, government, and capital spending.
• C) consumption, investment, government, and net export spending.
• D) consumption, internet, government, and capital spending.

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Definitions:

Confidence Interval

A range of values, derived from sample data, within which there is a certain level of confidence that the true population parameter lies.

Mean

The mean is the arithmetic average of a set of numbers, calculated by dividing the sum of all values by the count of the values.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.

Confidence Interval

A confidence interval provides a range of values that likely contain the true value of an unknown population parameter, with a certain level of confidence.