Question

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?

Answer 1

The aggregate expenditure is $27 million.

Step-by-step 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