If C = $500,I = $150,G = $100,NX = $40,and

question 60

Multiple Choice

If C = $500,I = $150,G = $100,NX = $40,and GNP = $800,how much is NFP?

• A)-$10
• B)-$5
• C)$5
• D)$10

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Definitions:

AASB 9

An Australian Accounting Standards Board regulation that addresses the classification, measurement, and recognition of financial assets and financial liabilities.

Trade Debtors

Individuals or entities who owe money to a company from goods or services provided on credit.

Forward Contracts

Financial derivatives contracts between two parties to buy or sell an asset at a specified future date for a price agreed upon today.

Option Contracts

Financial derivatives that give the buyer the right, but not the obligation, to buy or sell an asset at a specified price on or before a certain date.