Asked by Shaniqua Esdaille on Jun 27, 2024
Verified
Aggregate expenditure means total or combined spending.
Aggregate Expenditure
the total amount of spending on goods and services in an economy during a specific period, including consumption, investment, government spending, and net exports.
- Comprehend the principle of balance in relation to total spending and actual Gross Domestic Product.
Verified Answer
MW
Muhammad WaseemJun 28, 2024
Final Answer :
True
Explanation :
Aggregate expenditure refers to the total spending on goods and services in an economy, including consumer spending, investment spending, government spending, and net exports.
Learning Objectives
- Comprehend the principle of balance in relation to total spending and actual Gross Domestic Product.
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