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The Beginning Point of a Graph (The 0,0 Point) Is

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The beginning point of a graph (the 0,0 point) is known as:


Definitions:

Consumption

Household purchases of final goods and services, except for new residences, which count as investment.

Government Purchases

Spending for goods and services by all levels of government; government outlays minus transfer payments.

Net Exports

The value of a country’s exports minus the value of its imports.

Transfer Payments

Payments made by the government to individuals or organizations without the receiver providing any goods or services in exchange.

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