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In a Certain Economy in 2005,the Value of Imports Amounted

Question 30

Multiple Choice

In a certain economy in 2005,the value of imports amounted to 80 percent of the value of exports.Consumption,investment,and government purchases added up to $5,000.The market value of all final goods and services produced within the economy was $5,500.It follows that the economy exported


A) $500 worth of goods and services.
B) $1,000 worth of goods and services.
C) $1,500 worth of goods and services.
D) $2,500 worth of goods and services.

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