In a Certain Economy in 2005,the Value of Imports Amounted

question 30

Multiple Choice

In a certain economy in 2005,the value of imports amounted to 80 percent of the value of exports.Consumption,investment,and government purchases added up to $5,000.The market value of all final goods and services produced within the economy was $5,500.It follows that the economy exported

• A)$500 worth of goods and services.
• B)$1,000 worth of goods and services.
• C)$1,500 worth of goods and services.
• D)$2,500 worth of goods and services.

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Definitions:

Operating Cash Receipts

Cash received by a company from its core business operations.

Cash Flow

Indicates the total amount of money being transferred into and out of a business, particularly affecting its liquidity.

Total Assets

The sum of all assets owned by a company, including cash, inventory, property, and equipment.

Operating Cash

Cash generated from a company's normal business operations.