Solved

GDP Equals $5 Trillion

Question 43

Multiple Choice

GDP equals $5 trillion. If consumption equals $3.5 trillion, investment equals $1 trillion, and government spending equals $1.5 trillion, then:


A) ​exports exceed imports by $1 trillion.
B) ​imports exceed exports by $1 trillion.
C) ​net exports equal zero.
D) ​exports exceed imports by $1.5 trillion.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions