If GDP (Measured in Billions of Current Dollars) Is $5,465

question 98

Multiple Choice

If GDP (measured in billions of current dollars) is $5,465, consumption is $3,657, investment is $741, and government purchases are $1,098, then net exports are:

• A) $131.
• B) -$131.
• C) $31.
• D) -$31.

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Definitions:

General Partner

An owner of a partnership who has unlimited personal liability and is involved in the everyday operations of the business.

Limited Partners

Individuals or entities that invest in a partnership without taking part in its management and are only liable up to the amount of their investment.

Dissociated Limited Partner

A person who has ceased to be involved in a limited partnership either through withdrawal, expulsion, or another mechanism outlined in the partnership agreement.

Management Powers

Refers to the authority given to managers or directors of a corporation or organization to make significant decisions in the day-to-day operations.