Which of the Following Is CORRECT

question 90

Multiple Choice

Which of the following is CORRECT?

• A) Aggregate expenditure equals GDP but is less than aggregate income.
• B) Aggregate income is greater than GDP but equal to aggregate expenditure.
• C) Aggregate income is greater than aggregate expenditure but equal to GDP.
• D) Aggregate income, aggregate expenditure and GDP are all equal.

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Definitions:

Modality-independent

Pertaining to properties or phenomena that apply across different modes or systems without being limited to any specific one.

Human Language

A system of communication using vocal sounds, gestures, or written symbols that is organized and capable of expressing an infinite number of ideas or feelings.

Symbolized Categorical Statement

A statement in logic that classifies a relationship between categories, represented with symbols.

Categorical

Pertaining to categories or classification, often used in logic to describe statements that assert or deny something about all members of a category.