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The Following Table Provides Data for an Economy in a Certain

Question 54

Multiple Choice

The following table provides data for an economy in a certain year.  Consumption expenditures 1,000 Imports 600 Government purchases of goods and services 700 Construction of new homes and apartments 500 Sales of existing homes and apartments 600 Exports 500 Government payments to retirees 200 Household purchases of durable goods 300 Beginning-of-year inventory 500 End-of-year inventory 600 Business fixed investment 300\begin{array} { l r } \text { Consumption expenditures } & 1,000 \\\text { Imports } & 600 \\\text { Government purchases of goods and services } & 700 \\\text { Construction of new homes and apartments } & 500 \\\text { Sales of existing homes and apartments } & 600 \\\text { Exports } & 500 \\\text { Government payments to retirees } & 200 \\\text { Household purchases of durable goods } & 300 \\\text { Beginning-of-year inventory } & 500 \\\text { End-of-year inventory } & 600 \\\text { Business fixed investment } & 300\end{array} Given the data in the table, compute the investment component of GDP.


A) 300
B) 400
C) 800
D) 900

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