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The Following Table Provides Data for an Economy in a Certain

Question 41

Multiple Choice

The following table provides data for an economy in a certain year.  Consumption expenditures 50 Imports 40 Government purchases of goods and services 20 Construction of new homes and apartments 30 Sales of existing homes and apartments 40 Exports 50 Government payments to retirees 10 Household purchases of durable goods 20 Beginning-of-year inventory 10 End-of-year inventory 20 Business fixed investment 30\begin{array} { l l } \text { Consumption expenditures } & 50 \\\text { Imports } & 40 \\\text { Government purchases of goods and services } & 20 \\\text { Construction of new homes and apartments } & 30 \\\text { Sales of existing homes and apartments } & 40 \\\text { Exports } & 50 \\\text { Government payments to retirees } & 10 \\\text { Household purchases of durable goods } & 20 \\\text { Beginning-of-year inventory } & 10 \\\text { End-of-year inventory } & 20 \\\text { Business fixed investment } & 30\end{array} Given the data in the table, compute the government purchases component of GDP.


A) 10
B) 20
C) 30
D) 40

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