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    Principles of Macroeconomics Study Set 8
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    Exam 18: Open Economy Macroeconomics Basic Concepts: The International Flows of Goods and Capital
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    In an Open Economy,gross Domestic Product Equals $1,650 Billion,government Expenditure
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In an Open Economy,gross Domestic Product Equals $1,650 Billion,government Expenditure

Question 58

Question 58

Multiple Choice

In an open economy,gross domestic product equals $1,650 billion,government expenditure equals $250 billion,and savings equals $550 billion.What is consumption expenditure?


A) $250 billion
B) $300 billion
C) $550 billion
D) $850 billion

Correct Answer:

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