Answer to Question #251220 in Economics for Millicent

Question #251220

One of the following best explains consumption spending

Select one:

a. Spending on infrastructure

b. None of the option are correct

c. Spending on capital goods

d. Spending on final consumer goods

Expert's answer

\d. Spending on final consumer goods

Learn more about our help with Assignments: Economics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Total spending in the Keynesian model of a closed economy without government includesSelect one:a.
2. Which one of the following macro-economic variable should be excluded in a Keynesian model of a clos
3. Which one of the following is true for a Keynesian model in a closed economy without governmentSelec
4. Given the consumption function below C = α + βY, if β is 0.4, how can it be interpreted?Select on
5. One of the following is not assumption of the Keynesians explanation for income determination in a c
6. What happens when the minimum wage increases, in the short run?Select one:a. Aggregate demand shift
7. If foreign income decreases and the domestic economy is at potential output, then domestic aggregate