In the Table Given Below Y Represent the Aggregate Expenditure

question 16

Multiple Choice

In the table given below Y represent the aggregate expenditure of the economy on C = consumption, I = investment, G = government projects, and X = net exports.
Table 9.3
$\begin{array}{c}\text { Aggregate Expenditures }\\\begin{array}{|c|c|c|c|c|}\hline \mathbf{Y} & \mathbf{C} & \mathbf{I} & \mathbf{G} & \mathbf{X} \\\hline \$ 0 & \$ 50 & \$ 75 & \$ 150 & \$ 40 \\\hline \$ 150 & \$ 125 & \$ 75 & \$ 150 & \$ 10 \\\hline \$ 300 & \$ 200 & \$ 75 & \$ 150 & -\$ 20 \\\hline \$ 450 & \$ 275 & \$ 75 & \$ 150 & -\$ 50 \\\hline \$ 600 & \$ 350 & \$ 75 & \$ 150 & -\$ 80 \\\hline\end{array}\end{array}$
-Refer to Table 9.3. The intercept of the C+ I+ G+ X function is at an aggregate expenditures level of:

• A) $125.
• B) $150.
• C) $275.
• D) $315.
• E) $335.

Comprehend the accounting treatment for restricted funds and endowments.

Know the differences in accounting treatments for capital and operational contributions.

Understand the accounting for volunteer services and donated assets.

Comprehend the encumbrance system for recording obligations.

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