If Total Consumption Is $5 Billion, Investments $2 Billion, Government

question 139

Multiple Choice

If total consumption is $5 billion, investments $2 billion, government purchases $1 billion, exports $1 billion, and imports $3 billion, the GDP must equal:

• A) $6 billion.
• B) $12 billion.
• C) $9 billion.
• D) $3 billion.

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Definitions:

Classical Conditioning

A conditioning method where two stimuli are paired together repeatedly; a response that initially occurs in response to the second stimulus eventually occurs in response to the first stimulus.

Cerebellum

A region of the brain that plays a significant role in motor control, and it may also be involved in some cognitive functions.

Schemas

Cognitive structures that help individuals organize and interpret information, based on their accumulated knowledge and experiences.

Short-Term Memory

A memory system that temporarily holds information for processing.