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The Table Above Has Information About an Economy

Question 61

Multiple Choice

 Item  Billions of dollars  Wages 5,000 Consumption expenditure 3,500 Interest, rent, and profit 1,500 Investment 1,200 Statistical discrepancy 0 Net exports 300 Indirect taxes minus subsidies 500 Depreciation 800\begin{array} { l c } \hline { \text { Item } } & \text { Billions of dollars } \\\hline \text { Wages } & 5,000 \\\text { Consumption expenditure } & 3,500 \\\text { Interest, rent, and profit } & 1,500 \\\text { Investment } & 1,200 \\\text { Statistical discrepancy } & 0 \\\text { Net exports } & - 300 \\\text { Indirect taxes minus subsidies } & 500 \\\text { Depreciation } & 800 \\\hline\end{array}
The table above has information about an economy. Using this information, GDP equals


A) $6,500 billion.
B) $7,800 billion.
C) $8,500 billion.
D) $7,000 billion.
E) some amount that cannot be calculated without information on the amount of government expenditures.

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