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Urgent please help Thank you. There are TEN (10) questions in this section. Answer ALL questions and provide reasons to support your answer. 1. A

Urgent please help Thank you.

There are TEN (10) questions in this section. Answer ALL questions and provide reasons to support your answer.

1. A change in the interest rate creates a movement along the consumption function.

(3 marks)

Answer:

Reason:

2. The autonomous components of aggregate expenditures are consumption, savings, and investment. (3 marks)

Answer:

Reason:

3. Components of induced aggregate expenditure include government expenditure, investment and consumption expenditure. (3 marks)

Answer:

Reason:

4. Corporate income taxes are the largest source of revenue for the federal government.

(3 marks)

Answer:

Reason:

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