Examlex

Solved

-Using the Information in the Table Above, Calculate Gross Domestic

question 161

Multiple Choice

 Component  Amount  (billions of  dollars)   Personal consumption  expenditure 3,720 Government  expenditure 430 Gros investment 610 Net investment 520 Exports 650 Imports 720\begin{array} { | l | l | } \hline \text { Component } & \begin{array} { l } \text { Amount } \\\text { (billions of } \\\text { dollars) }\end{array} \\\hline \begin{array}{l}\text { Personal consumption } \\\text { expenditure }\end{array} & 3,720 \\\hline \begin{array}{l}\text { Government } \\\text { expenditure }\end{array} & 430 \\\hline \text { Gros investment } & 610 \\\hline \text { Net investment } & 520 \\\hline \text { Exports } & 650 \\\hline \text { Imports } & 720 \\\hline\end{array}
-Using the information in the table above, calculate gross domestic product.


Definitions:

Legal Cause

The reason or motive for some action under law, often referring to the grounds for litigation or the principle reasons behind legal action.

Punitive Damages

Punitive damages are compensation awarded in addition to actual damages, intended to punish the defendant for egregious wrongdoing and deter similar future actions.

Negligence

A failure to exercise appropriate and/or ethical ruled care expected to be exercised amongst specified circumstances, leading to harm or damage.

Reasonable Person

A legal standard used to determine how an average person would responsibly act under similar circumstances.

Related Questions