Find the Value of the Combination

question 47

Multiple Choice

Find the value of the combination.
-C(11, 8)

• A)165
• B)990
• C)3,326,400
• D)12

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Definitions:

Aggregate Expenditure

The total amount of spending in the economy that includes consumption, investment, government spending, and net exports.

Consumption

The use of goods and services by households, constituting one of the major components of gross domestic product (GDP).

Planned Investment

Expenditures that businesses intend to make for the purposes of capital improvements, equipment, or inventory.

Imports

Goods and services purchased from foreign producers by a country’s residents.