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Using the Information in the Table Above, What Does GDP

Question 26

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 Item  Billions of dollars  Wages 300 Consumption expenditure 350 Interest, rent, and profit 50 Statistical discrepancy 0 Government expenditure 300 Indirect taxes minus subsidies 15 Net exports of goods and services 11 Depreciation 15\begin{array} { l c } \hline { \text { Item } } & \text { Billions of dollars } \\\hline \text { Wages } & 300 \\\text { Consumption expenditure } & 350 \\\text { Interest, rent, and profit } & 50 \\\text { Statistical discrepancy } & 0 \\\text { Government expenditure } & 300 \\\text { Indirect taxes minus subsidies } & 15 \\\text { Net exports of goods and services } & - 11 \\\text { Depreciation } & 15 \\\hline\end{array}
Using the information in the table above, what does GDP equal?


A) $350 billion
B) $365 billion
C) $380 billion
D) $650 billion
E) GDP cannot be calculated without information on the amount of investment.

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