-The Table Above Gives Some of the Entries in the National

question 272

Multiple Choice

-The table above gives some of the entries in the national income and product accounts. The government sector has a ________, and the private sector has a ________.

• A) surplus of $50 billion; surplus of $25 billion
• B) deficit of $50 billion; surplus of $25 billion
• C) surplus of $50 billion; deficit of $25 billion
• D) deficit of $50 billion; deficit of $25 billion

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Definitions:

Rental Revenue

Income derived from leasing properties or assets to tenants, including residential, commercial, or industrial spaces.

Lease

A legal agreement wherein one party grants the other the right to use an asset (e.g., property, vehicle) for a specified period in exchange for payment.

Commercial Property

Real estate used for business activities, including office buildings, retail spaces, warehouses, and industrial sites.

Listing Agreement

A contract between a property owner and a real estate agent, authorizing the agent to act on the owner’s behalf in the sale of the property.