If Consumption Is $7000, Exports Are $600, Government Purchases Are

question 4

True/False

If consumption is $7000, exports are $600, government purchases are $2000, government transfers are $900, imports are $800, and investment is $1000, then GDP is $9,800.

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Definitions:

Defective Corporation

A corporation about which an error or omission was made during its incorporation process.

Incorporator

An individual who applies for incorporation on behalf of a corporation.

Promoters

Individuals or companies that initiate and take the responsibility for setting up a business or company.

Government

The organization, or the apparatus, through which a political unit exercises authority and performs functions and which is usually classified as parliamentary or presidential.