Which Component of GDP Is Most Likely to Be Negative

question 158

Multiple Choice

Which component of GDP is most likely to be negative?

• A)Net exports
• B)Gross private domestic investment
• C)Government purchases
• D)Imports
• E)Consumption

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Definitions:

Expected Payoff

The predicted value of a variable, taking into account all possible outcomes and their probabilities.

Perfect Information

A situation in decision theory or games in which all participants have complete and accurate information about all aspects of the game or decision scenario.

Power Company

A business entity that generates, transmits, and distributes electricity to consumers.

Expected Value

The long-run average value of repetitions of an experiment it represents, often considered as the mean of a probability distribution.