Solved

In a Small Economy in 2017 Gross Fixed Capital Formation

Question 248

Multiple Choice

In a small economy in 2017 gross fixed capital formation is $1,500, final consumption spending is $6,000, net investment is $1,000, inventory investment is $1,500, exports are $2,000 and imports are $1,000.What is GDP for this economy in 2017?


A) $10,700
B) $10,300
C) $10,200
D) $10,000
E) $2,500

Correct Answer:

verifed

Verified

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

Related Questions