The Sum of the Consumption, Investment, and Net Exports Shares

question 113

Multiple Choice

The sum of the consumption, investment, and net exports shares of GDP is called

• A)the nongovernment share of GDP.
• B)the real-economy share of GDP.
• C)the privately held share of GDP.
• D)of these

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Definitions:

Limited Liability Partnership

A partnership arrangement that limits the liability of its partners for the debts of the partnership, such that no partner is responsible for the misconduct or negligence of another.

Negligently Provides

The act of failing to provide a standard level of care or service, often resulting in harm or loss.

Personal Assets

Assets owned by an individual, including but not limited to real estate, bank accounts, investments, and personal property.

Res Judicata

A legal principle that prevents the same issue from being litigated again between the same parties once it has been judged on its merits.