Solved

If Consumption = $2,000,investment = $600,government Purchases = $500,net Exports

Question 45

Multiple Choice

If consumption = $2,000,investment = $600,government purchases = $500,net exports = −$40,transfer payments = $340,then _____.

A) GDP = $2,720
B) GDP = $3,060
C) GDP = $3,140
D) GDP = $3,400
E) GDP = $3,340

Related Questions

Q40: If the GDP price index rises from

Q41: A decrease in gross domestic product (GDP)necessarily

Q42: Marianne and Laura are both homemakers with

Q43: In the double-entry bookkeeping system used to

Q44: Katrina pays $40 for a meal at

Q46: The price index in the base year

Q47: Inventories help manufacturers cope with unexpected changes

Q48: If the real gross domestic product (GDP)for

Q49: The gross domestic product (GDP)of an economy

Q50: The circular flow model shows that:<br>A)households are