Multiple Choice
If consumption is $6 trillion, investment is $3 trillion, government purchases are $1 trillion, and GDP is $12 trillion, then net exports must equal:
A) $22 trillion.
B) $10 trillion.
C) $2 trillion.
D) $12 trillion.
Correct Answer:

Verified
Correct Answer:
Verified
Q13: A GDP deflator of 112 means:<br>A) the
Q14: Using the income approach, what is the
Q15: Which of the following is an example
Q16: Why doesn't GDP include intermediate goods?<br>A) Intermediate
Q17: Using the annual price deflator information (https://fred.stlouisfed.org)
Q19: Which of the following is a consumption
Q20: Given the annual price deflator information (https://fred.stlouisfed.org)
Q21: Which idea does the circular flow model
Q22: The GDP deflator measures the overall change
Q23: The value of the GDP deflator in