Assuming That C = $4,500,I = $1,000,G = $1,200,Exports =

question 53

Multiple Choice

Assuming that C = $4,500,I = $1,000,G = $1,200,Exports = $450,Imports = $550,Depreciation = $600,and Indirect Business Taxes = $500 (all in billions of dollars) ,GDP equals:

• A)$5,500 billion.
• B)$6,000 billion.
• C)$6,400 billion.
• D)$6,600 billion.

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Definitions:

Manufacturing Consent

Manufacturing Consent is a concept and title of a book by Edward S. Herman and Noam Chomsky that describes how media and propaganda are used to create and manipulate public opinion to serve elite interests.

Dominant Classes

Social groups that possess a disproportionate share of wealth, power, and privilege in a society, often shaping policies and norms to their advantage.

Chomsky And Herman

refers to Noam Chomsky and Edward S. Herman, who co-authored the propaganda model of communication, examining the biases of mass media.

Functionalists

Sociologists who focus on how society's components fit together to make it function cohesively, emphasizing the role of social institutions and norms.