If GDP Is $10 Trillion, Personal Consumption Expenditure Is $6

question 41

Multiple Choice

If GDP is $10 trillion, Personal Consumption Expenditure is $6.5 trillion, Gross Private Investment is $2.0 trillion, and Government Consumption and Investment Expenditures together are $2.0 trillion

• A)Net Exports are $0.5 trillion.
• B)Depreciation is $0.5 trillion.
• C)Indirect Business Taxes are $0.5 trillion.
• D)Net Exports are -$0.5 trillion.

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Definitions:

Dominant Majority Group

The social group in a society that holds the most power and influence, often setting norms and standards for others to follow.

Contact Hypothesis

A theory suggesting that under appropriate conditions, interpersonal contact is one of the most effective ways to reduce prejudice between majority and minority group members.

Equal Status

A principle suggesting that greater interaction between groups under conditions of equal status will reduce prejudice and improve relations among them.

Hostility

Aggressive behavior or attitudes directed towards others, often stemming from anger or antagonism.