Multiple Choice
An economy produces 1,000,000 computers valued at $2,000 each.Households purchase 200,000 computers,of which 100,000 are imported.Businesses purchase 300,000 domestically-produced computers.The government purchases 300,000 domestically-produced computers,and 100,000 domestically-produced computers are sold abroad.The unsold computers at the end of the year are held in inventory by the computer manufacturers.What is the value of GDP?
A) $0.9 billion.
B) $1.0 billion.
C) $1.8 billion.
D) $2.0 billion.
E) $3.8 billion.
Correct Answer:

Verified
Correct Answer:
Verified
Q17: Which of the following categories does NOT
Q18: Net export spending is expenditures on<br>A) consumer
Q19: People who say that they would like
Q20: An economy produces 1,000,000 computers valued at
Q21: In high-income countries,female youths are _ male
Q23: Labour income includes<br>A) wages,salaries,and earnings of the
Q24: Which of the following would increase the
Q25: Which of the following would increase the
Q26: If Turkey has substantially less foreign investment
Q27: Three equivalent ways to measure GDP are