Ask Question
31 January, 02:10

Consumption spending is $16 million, planned investment spending is $4 million, unplanned investment spending is $2 million, government purchases are $6 million, and net export spending is $1 million. What is aggregate expenditure?

+5
Answers (1)
  1. 31 January, 04:45
    0
    The aggregate expenditure is $27 million.

    Explanation:

    The consumption spending is $16 million.

    Planned investment spending is $4 million.

    Unplanned investment spending is $2 million.

    The government purchases are $6 million.

    The net export spending is $1 million.

    The aggregate expenditure is

    = Consumption spending + Planned Investment + Government spending + Net export

    = $ (16 + 4 + 6 + 1) million

    = $27 million
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Consumption spending is $16 million, planned investment spending is $4 million, unplanned investment spending is $2 million, government ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers