If Consumption Is $6 Billion, Investment Is $3 Billion, Government

question 6

Multiple Choice

If consumption is $6 billion, investment is $3 billion, government purchases are $1 billion, and GDP is $12 billion, then net exports must equal:

• A) $22 billion.
• B) $10 billion.
• C) $2 billion.
• D) $12 billion.

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Definitions:

Debriefing

The process of ensuring that research participants receive a follow-up explanation of the research when it is completed.

Utilitarianism

An ethical theory that posits the best action is the one that maximizes utility, usually defined as that which produces the greatest well-being of the greatest number of people.

Ethical Implications

The moral consequences or considerations of a decision, action, or policy in societal and individual terms.

Proprietary Information

Information that is owned by an individual or company, regarded as a trade secret or confidential knowledge.