80)Aggregate expenditure equals...

a.C + I + G

b.C + I + G + X - M

c.C + I + G + X

d.C + I + G - X + M

81)Eliminating output gaps depends on...

a.All of the other options are possible.

b.How planned expenditure responds to input price flexibility.

c.Government policy.

d.How flexible input prices are.

82)The aggregate expenditure curve shows _____ as a function of _____.

a.Predicted income; planned expenditure.

b.Planned expenditure; actual income.

c.Planned expenditure; desired expenditure.

d.Actual expenditure; actual income.