Which of the Following Is NOT a Component of Aggregate

question 102

Multiple Choice

Which of the following is NOT a component of aggregate expenditure?  

• A) exports 
• B) investment 
• C) transfer payments 
• D) government purchases

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Definitions:

Unamortized Premium

The portion of the premium paid over the par value of a bond that has not yet been expensed in the company's financial statements.

Carrying Amount

The book value of assets and liabilities on a company's balance sheet, calculated as the original cost minus any depreciation, amortization, or impairment costs.

Interest-Bearing Note

A debt instrument that specifies the amount borrowed, interest rate, and maturity date, obligating the borrower to pay interest.

Bond

A form of interest-bearing note used by corporations to borrow on a long-term basis.