Solved

If Consumption = $5,000;investment = $800,government Purchases = $700,exports =

Question 68

Multiple Choice

If consumption = $5,000;investment = $800,government purchases = $700,exports = $30,imports = $60,and transfer payments = $340,then _____.

A) GDP = $7,400
B) GDP = $7,740
C) GDP = $3,140
D) GDP = $6,470
E) GDP = $6,840

Related Questions

Q63: Which of the following is a problem

Q64: When a firm produces and sells a

Q65: The national income accounting system measures economic

Q66: If a firm hires labor for $6,000,pays

Q67: Which of the following is reflected in

Q69: When calculating gross domestic product (GDP),double counting

Q70: Which of the following is a difference

Q71: The gross domestic product (GDP)of a country

Q72: Which of the following would be excluded

Q73: Gross domestic product (GDP)does not reflect many