Table 62 Shows Data on the Components of GDP in an an Economy

question 159

Multiple Choice

Table 6.2 shows data on the components of GDP in an economy. Use the table to answer questions .
Table 6-2

-Refer to Table 6-2. What is the value of exports?

• A) $130 billion
• B) -$130 billion
• C) $230 billion
• D) -$230 billion

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Definitions:

Future Use

Refers to the intention to utilize something at a later time, not immediately.

Liabilities

Financial obligations or debts that a company owes to external parties or entities.

Accounts Receivable

Money owed to a company by its clients or customers for goods or services delivered but not yet paid for.

Accounts Payable

The amounts owed by a business to its suppliers or vendors for goods or services received that have not yet been paid for.