In 2007,if the Country of Moolah Had Consumption of $20

question 2

Multiple Choice

In 2007,if the country of Moolah had consumption of $20 trillion,gross investment of $4 trillion,government purchases of $5 trillion,and GDP of $26 trillion,then net exports must have been

• A)+ $3 trillion
• B)+ $29 trillion
• C)- $29 trillion
• D)- $3 trillion
• E)The question cannot be answered without knowing the amount of imports

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Definitions:

Bank Accounts

Financial accounts maintained by individuals or businesses with a financial institution for the management of money, including savings and checking accounts.

Student Loans

Financial loans provided to students to help pay for educational expenses, typically to be repaid after completion of studies.

Liable

The state of being legally responsible for something, particularly in the context of obligations or debts.

Void

A term describing a contract or agreement that lacks legal validity and enforceability from the outset.