Solved

In the Economy of Wrexington in 2008,consumption Was $1000,exports Were

Question 96

Multiple Choice

In the economy of Wrexington in 2008,consumption was $1000,exports were $100,government purchases were $450,imports were $150,and investment was $350.What was Wrexington's GDP in 2008?


A) $1750
B) $1850
C) $1900
D) $2050

Correct Answer:

verifed

Verified

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

Related Questions

Q31: Which of the following correctly orders U.S.income

Q43: When an American household purchases a bottle

Q94: Table 23-5<br>The table below contains data for

Q97: The local Chevrolet dealership has an increase

Q99: The consumption component of GDP includes spending

Q100: Table 23-4<br>The table below contains data for

Q112: The value of the housing services provided

Q123: When economists talk about growth in the

Q134: GDP is the most closely watched economic

Q137: During a presidential campaign, the incumbent argues