GDP Is the Sum Of

question 47

Multiple Choice

GDP is the sum of:

• A) personal consumption, investment, government purchases of goods and services, exports, and imports.
• B) personal consumption, investment, government purchases of goods and services, and net exports.
• C) personal consumption, investment, government purchases of goods and services, and net imports.
• D) value added, net imports, and government purchases of goods and services.

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Definitions:

Business Conversations

Dialogues or discussions related to the activities, concerns, or operations of a business.

Crisis Response

The strategies and actions taken by an organization or government to manage and mitigate the impact of an unexpected, negative event.

Recall

The process of requesting the return of a product batch or entire line due to the discovery of safety issues, defects, or non-compliance with regulations.

Feedback

Information provided as a response to a process or activity, intended to guide future improvement or decisions.