-The Table Above Gives Some of the Entries in the

question 306

Multiple Choice

$$\begin{array} { | l | l | } \hline \text { Item } & \text { Billions of dollars } \\\hline \text { Imports of goods and services, } M & 275 \\\hline \text { Net taxes, } T & 300 \\\hline \text { Government exp enditure, } G & 250 \\\hline \text { Savings, } S & 125 \\\hline \text { Investment } , I & 100 \\\hline\end{array}$$
-The table above gives some of the entries in the national income and product accounts. What is the value of exports?

• A) $25 billion
• B) -$25 billion
• C) $300 billion
• D) $350 billion

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Definitions:

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.

Investment

The allocation of resources, such as capital or time, with the expectation of generating an income or profit.

Consumption Goods

Products and services that are used by individuals for personal enjoyment and satisfaction, not for further production.

Supply-Side Economists

Economists who believe that reducing tax rates and deregulation will stimulate economic growth by increasing production.