Which of the Following Correctly States the Leakages-Injections Approach to GDP

question 34

Multiple Choice

Which of the following correctly states the leakages-injections approach to GDP?  

• A) DI + (NT) = C + I + G + (X - IM) 
• B) S + C + T = DI 
• C) S + C + (NT) = I + G + (X - IM) 
• D) S + (NT) + IM = I + G + X

Recognize the historical peak periods of unionization in the United States and factors affecting union density.

Identify the legal and social constraints on unions, including specific laws that have shaped union activities.

Examine the effects of globalization on American labor force and unions.

Understand the role of social organization in facilitating or hindering collective action.

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Definitions:

M1

A category of the money supply that includes all physical money like coins and currency, as well as checkable deposits and traveler's checks.

M2

A gauge of currency circulation that covers physical money, funds in checking accounts, and assets easily turned into cash.

FDIC

The Federal Deposit Insurance Corporation, a U.S. government agency that insures deposits at banks and thrifts to maintain public confidence and encourage stability in the financial system.

Time Deposits

Bank deposits that cannot be withdrawn for a certain term or period of time without incurring a penalty.