Quiz
chapter six
Questions in this quiz (5)
1Which of the following is correct about Aggregate Expenditure?
- AThe four components of aggregate expenditure are consumption, taxes, government spending and net revenue.
- BThe four components of aggregate expenditure are consumption, investment, government spending and net exports (X-M).
- CThe four components of aggregate expenditure are revenues, investment, government spending and net deficits.
- DThe five components of aggregate expenditure are consumption, net taxes, investment, government borrowing and net revenues.
2Income remaining after taxes are excluded and transfer payments are included.
- ANational Income
- BDisposable Income
- CAdjusted Gross Income
- DUnadjusted Gross Domestic Income
3Which of the following correctly lists the components of Aggregate Expenditure?
- AConsumption, GDP, Aggregate Demand and Investment
- BConsumption, Investment, Government and Net Exports
- CConsumption, Investment, GDP and Output
- DConsumption, Investment, Government and Exports
4Which component of Aggregate Expenditures comprises over 70% of Aggregate Expenditures?
- AConsumption
- BInvestment
- CGovernment
- DNet Exports
5If the Nominal Interest Rate is 5% and Inflation is 6%, what is the Real Interest Rate?
- A11%
- B1%
- C-1%
- D6%
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- Description
- Quiz on chapter six, created by trey thacker on 28/09/2018.
- Author
- trey thacker
- Language
- English
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