GDP in an Economy Is $11,050 Billion

question 82

Multiple Choice

GDP in an economy is $11,050 billion. Consumer expenditures are $7,735 billion, government purchases are $1,989 billion, and gross investment is $1,410 billion. Net exports must be

• A) +$53 billion.
• B) -$47 billion.
• C) -$84 billion.
• D) -$161 billion.

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Definitions:

Reinforcement Theory

A theory that posits behavior is motivated by its consequences, with reinforcement used to either increase desired behaviors or decrease unwanted ones.

Reinforcement and Reward

Strategies for strengthening or increasing a desired behavior by providing positive outcomes or incentives following that behavior.

Desirable Behavior

Actions or conduct encouraged within a group or society because it is considered beneficial or socially valued.

Frequency

The rate at which a wave-like pattern or phenomenon, like sound or electromagnetic radiation, occurs within a specific time period.