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18 June, 02:18

Consumption spending is $5 million, planned investment spending is $8 million, unplanned investment spending is $2 million, government purchases are $10 million, and net export spending is $2 million. what is aggregate expenditure?

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  1. 18 June, 02:27
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    Aggregate expenditure is defined as the current value of all the finished goods and services in the economy.

    Aggregate expenditures is defined as : AE = C+Ip+G+NX

    Given that c onsumption spending is $5 million, planned investment spending is $8 million, unplanned investment spending is $2 million, government purchases are $10 million, and net export spending is $2 million, then

    the aggregate expenditure = $5 million + $8 million + $10 million + $2 million = $25 million.
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