Table 10-2
the Table Below Contains Data for the Country

question 200

Multiple Choice

Table 10-2
The table below contains data for the country of Crete for the year 2010. $\begin{array}{l|l}\hline \text { Total income } & \$ 5731 \\\hline \text { Household purchases of durable goods } & \$ 1108 \\\hline \text { Household purchases of nondurable goods } & \$ 702 \\\hline \text { Household purchases of non-education services } & \$ 203 \\\hline \text { Household purchases of education services } & \$ 302 \\\hline \text { Household purchases of new housing } & \$ 816 \\\hline \text { Purchases of capital equipment } & \$ 333 \\\hline \text { Inventory changes } & \$ 75 \\\hline \text { Purchases of new structures } & \$ 267 \\\hline \text { Depreciation } & \$ 401 \\\hline \text { Local government spending on goods and services } & \$ 236 \\\hline \text { State government spending on goods and services } & \$ 419 \\\hline \text { Federal government spending on goods and services } & \$ 1182 \\\hline \text { Transfer payments } & \$ 707 \\\hline \text { Foreign purchases of domestically produced goods } & \$ 217 \\\hline \text { Domestic purchases of foreign goods } & \$ 129\end{array}$

-Refer to Table 10-2. What were Crete's government purchases in 2010?

• A)$1130
• B)$1601
• C)$1837
• D)$2544

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Definitions:

Net Present Value

A financial metric used to evaluate the profitability of an investment, calculated by discounting all future cash flows to their present value and subtracting the initial investment.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.

Annual Cash Operating Inflows

Annual cash operating inflows refer to the total cash receipts a business receives from its operating activities during a fiscal year.

Salvage Value

The estimated residual value of an asset at the end of its useful life, reflecting what it can be sold for or scrapped.