Solved

According to the Information in Table: Calculating GDP, What Is

Question 82

Multiple Choice

According to the information in Table: Calculating GDP, what is GDP?  Table: Calculating GDP  Rent $2,400 Consumption Spending 7,900 Social Security benefit 6,100 Investment spending 2,100 Wages and salaries 6,500 Exports 800 Interest 1,900 Government purchases  of goods and services 2,600 Profits 1,400 Imports 1,200 Purchase of stocks 6,300 Unemployment  compensation 3,950 Payroll taxes 2,965 Sales taxes 1,300\text { Table: Calculating GDP } \\\begin{array} { | l | l | } \hline \text { Rent } & \$ 2,400 \\\hline \text { Consumption Spending } & 7,900 \\\hline \text { Social Security benefit } & 6,100 \\\hline \text { Investment spending } & 2,100 \\\hline \text { Wages and salaries } & 6,500 \\\hline \text { Exports } & 800 \\\hline \text { Interest } & 1,900 \\\hline \begin{array} { l } \text { Government purchases } \\\text { of goods and services }\end{array} & 2,600 \\\hline \text { Profits } & 1,400 \\\hline \text { Imports } & 1,200 \\\hline \text { Purchase of stocks } & 6,300 \\\hline \begin{array} { l } \text { Unemployment } \\\text { compensation }\end{array} & 3,950 \\\hline \text { Payroll taxes } & 2,965 \\\hline \text { Sales taxes } & 1,300 \\\hline\end{array}


A) $47,475.
B) $47,475
C) $12,200
D) $12,200.
E) $21,485.
F) $21,485
G) $34,085.
H) $34,085

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions