In Terms of National Income Accounting Concepts,absorption Is Defined as GNP

question 4

Multiple Choice

In terms of national income accounting concepts,absorption is defined as GNP:

• A) plus imports minus exports.
• B) plus exports minus imports.
• C) plus imports plus exports.
• D) minus investment expenditures minus exports.

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Definitions:

Environmental Racism

The practice of situating industrial operations and waste disposal in minority communities leading to disproportionate environmental hazards and health risks.

Informal Rulemaking

The process used by federal agencies to develop regulations, involving a notice-and-comment period without the formalities of a trial-type proceeding.

Concise General Statement

A brief, comprehensive description that captures the essence or main points of a subject.

Proposed Rule

A regulation or policy put forward for consideration or adoption by a governmental entity or agency.