-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:

Total Assets

Total assets refer to the sum of all current and non-current assets owned by a company, reflecting the total resources available for use.

Total Liabilities

Total liabilities refer to the sum of all financial obligations a company owes to outside parties, including loans, accounts payable, and mortgages.

Prepaid Insurance

An asset account that reflects payments made for insurance services before the coverage period.

Asset Account

A record in the financial statements that shows the value of a company's assets, including current, fixed, tangible, and intangible assets.