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:

Adventure

An exciting or remarkable experience involving uncertain outcomes and risks.

Zuckerman's Research

Refers to the body of work by psychologist Marvin Zuckerman, focusing on sensation seeking, personality traits, and their biological bases.

Sensation Seeking Scale

A psychological assessment tool designed to measure an individual's propensity for seeking novel, varied, complex, and intense sensations and experiences.

Personality Factors

Fundamental traits or dimensions of personality identified through factor analysis that underlie human behavior and personality.