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Absorption refers to (Multiple Choice Question)

smitch6

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Absorption refers to (Multiple Choice Question)

Absorption refers to
A) the quantity of imports that is absorbed into the domestic economy.
B) the amount of government spending that is absorbed into the domestic economy.
C) the amount of transfer payments from the federal government that is absorbed into the domestic economy.
D) the quantity of aggregate output that is absorbed into the domestic economy.
E) the amount of current period income that is used to purchase domestic aggregate output.

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Macroeconomics, Canadian Edition

Edition: 5^th

Author: Williamson

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smitch6 Author

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6 years ago

Correct

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