What are the components of aggregate income and components of aggregate outcome?
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Expert's answer
2016-08-08T12:07:02-0400
Components of aggregate income: employee income, business owner income, rental income, corporate income, interest income, government income, government subsidies. Components of aggregate outcome: consumer expenditure, investment (on new physical capital like computers and factories, and planned inventory), government spending, net exports (exports minus imports).
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