The Purchase of a New Boeing Fighter Jet by Israel

question 87

Multiple Choice

The purchase of a new Boeing fighter jet by Israel is classified in the U.S. GDP accounts as

• A)investment expenditure.
• B)export expenditure.
• C)import expenditure.
• D)government expenditure.
• E)consumption expenditure.

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Definitions:

Manager's Authority

The rights and powers entrusted to a manager to make decisions and direct resources and personnel towards the accomplishment of organizational objectives.

Manager's Power

The authority and influence held by managers to make decisions and direct the actions of employees.

Conglomerate

A coarse-grained sedimentary rock composed of rounded fragments or clasts of pre-existing rocks.

Basalt

A dark, fine-grained volcanic rock that is formed from the rapid cooling of basaltic lava at the Earth's surface.