Which One of the Following Variables Has an Induced Component

question 7

Multiple Choice

Which one of the following variables has an induced component?

• A)investment
• B)consumption
• C)exports
• D)government expenditure on goods and services
• E)consumption and investment

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Definitions:

Net Sales

The total revenue from sales after deducting returns, allowances for damaged or missing goods, and discounts.

Inventory

The complete list of items such as property, goods in stock, or the contents of a building.

Inventory Turnover

A measure of how many times a company's inventory is sold and replaced over a specific period.

Net Sales

The total revenue generated from sales after deducting returns, allowances for damaged or missing goods, and discounts.