Most economists agree that the immediate determinant of the volume of output and employment is the:
a. composition of consumer spending.
b. ratio of public goods to private goods production.
c. level of total spending.
d. size of the labor force.

The correct answer is C. level of total spending.

Explanation:

The level of public spending is one of the tools used by fiscal policies. An increase in public spending can be used to stimulate the economy, as gross domestic product increases with it. On the other hand, a reduction in public spending reduces the growth rate of gross domestic product. The weight of public spending as a percentage of gross domestic product is considered an important measure of a country's public sector.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

the third answer is correct.