Answer to Question #290643 in Macroeconomics for tin 14tin

Question #290643

Suppose South Africa does not export nor import, but there is a government sector. Therefore, South Africa’s total spending formula can be written as…


1
Expert's answer
2022-01-26T10:17:32-0500

AE= C+ I+G

Where;

AE is Aggregate Expenditure

C is household consumption

I is investments

G is government spending


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