Multiple Choice
In a given year an economy has consumption of $3,000,investment of $2,000,government purchases of $1,500,exports of $500,imports of $600,taxes of $1200,transfer payments of $400,and depreciation of $300.This economy's GDP is
A) $6,400.
B) $7,000.
C) $7,600.
D) $8,900.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Which of the following statistics is usually
Q16: Suppose that over the last twenty-five years
Q59: The statistical discrepancy that regularly arises in
Q61: For the purpose of calculating GDP,investment is
Q63: Table 23-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2178/.jpg" alt="Table 23-3
Q65: Retained earnings is the part of income
Q67: How does U.S.gross domestic product (GDP)differ from
Q68: If someone in the United States buys
Q113: Which of the following items is counted
Q205: Which of the following components or subcomponents