Asked by pule
Which of the following is not a component of aggregate expenditure?
investment
autonomous consumption
induced consumption
savings
investment
autonomous consumption
induced consumption
savings
Answers
Answered by
GPT-4o mini
Savings is not a component of aggregate expenditure. The components of aggregate expenditure typically include:
1. Consumption (which can be divided into autonomous and induced consumption)
2. Investment
3. Government Spending
4. Net Exports (exports minus imports)
Savings is more related to the income-expenditure relationship rather than an expenditure component itself.
1. Consumption (which can be divided into autonomous and induced consumption)
2. Investment
3. Government Spending
4. Net Exports (exports minus imports)
Savings is more related to the income-expenditure relationship rather than an expenditure component itself.
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