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Home Q & A Board Other Fields Homework Help Business Economics
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vellojo vellojo
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7 years ago
In 2007, investment in France increased by 7 billion euros, consumption increased by 4 billion euros and government spending increased by 1.5 billion euros.  Assume the price level was constant and the economy was at full employment.  As a result, suppose that equilibrium expenditure increased by 21 billion euros. In this example, ________ is the induced expenditure and ________ is autonomous expenditure. 
A) government spending; equilibrium expenditure
B) investment; government spending
C) consumption; government spending
D) investment; consumption
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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yaderayadera
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7 years ago
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vellojo Author
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7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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