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  3. Study Set
    Macroeconomics Study Set 48
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    Exam 7: GDP and the CPI: Tracking the Macroeconomy
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 21

Question 21

Multiple Choice

Use the following to answer questions: Use the following to answer questions:   -(Figure 7-1: Circular-Flow Model)  Use Figure 7-1: Circular-Flow Model. What is the value of GDP in this economy? A)  $100 B)  $400 C)  $500 D)  $600
-(Figure 7-1: Circular-Flow Model) Use Figure 7-1: Circular-Flow Model. What is the value of GDP in this economy?


A) $100
B) $400
C) $500
D) $600

Correct Answer:

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