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?

Question

Business

Johnny

29 December, 00:35

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?

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Answers (1)

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Martha Wolfe · Answer 1

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