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The Next Questions Refer to the Following Hypothetical Economy

Question 2

Multiple Choice

The next questions refer to the following hypothetical economy.
A nation produces 1000 units of output. It sells 800 of these to domestic consumers at a price of $4 per unit, and exports the remaining 200 units to countries overseas at a price of $5 per unit. The country also imports 100 units of another good at a price of $6 per unit. There is neither investment nor government expenditure in this economy.
-This country's gross domestic product,as measured by expenditure,is


A) 3600
B) 3900
C) 3700
D) 2500
E) 2700

Correct Answer:

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