Multiple Choice
The country of Meditor uses the merit as its currency. Recent national income statistics showed that it had GDP of $700 million merits, no government transfer payments, taxes of $210 million merits, a budget surplus of $60 billion merits, and investment of $100 billion merits. What were its consumption and government expenditures on goods and services?
A) 450 million merits and $150 million merits
B) 410 million merits and $150 million merits
C) 330 million merits and $270 million merits
D) 290 million merits and $270 million merits
Correct Answer:

Verified
Correct Answer:
Verified
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