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In 2019, Consumer Spending Was $7,000, Government Purchases of Goods

Question 60

Multiple Choice

In 2019, consumer spending was $7,000, government purchases of goods and services was $2,500, and investment spending was $1,500. If GDP for 2019 was $10,300, exports were _____ and imports were _____.


A) $800; $100.
B) $800; $100
C) $100; $200.
D) $100; $200
E) $100; $800
F) $100; $800.
G) $500; $300
H) $500; $300.

Correct Answer:

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