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25 August, 17:08

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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  1. 25 August, 17:19
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    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
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