Multiple Choice
In the economy of Wrexington in 2008,consumption was 60% of GDP,government purchases were $212,imports were $67 and 67% of the value of exports,investment was one-half of the value of consumption.What was Wrexington's GDP in 2008?
A) $1450
B) $1790
C) $2455
D) $2790
Correct Answer:
Verified
Correct Answer:
Verified
Q2: When an American doctor opens a practice
Q24: Which of the following items is included
Q77: Which of the following items is included
Q105: Nominal GDP uses constant base-year prices to
Q110: The statistical discrepancy that regularly arises in
Q181: A good is produced by a firm
Q185: Table 23-1<br>The table below contains data for
Q187: Table 23-6<br>The table below contains data for
Q188: In the economy of Wrexington in 2008,nominal
Q451: A recession is always associated with<br>A)the end