If 'C' Denotes Consumption Expenditure, 'I' Denotes Investment Expenditure, 'G

question 90

Multiple Choice

If 'C' denotes consumption expenditure, 'I' denotes investment expenditure, 'G' denotes government expenditure and 'X' denotes net exports, then C + I + G + X equals:

• A) net national product.
• B) disposable personal income.
• C) net exports.
• D) personal income.
• E) gross domestic product.

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Definitions:

Production and Sales Process

The combined sequence of operations involved in manufacturing goods and selling them to customers.

Days Sales Outstanding (DSO)

A measure of the number of days that it takes to collect on accounts receivable.

Accounts Receivable

Money owed to the company for goods or services provided and billed to a customer.

Accounts Payable

Money owed by a business to its suppliers.