Multiple Choice
Look at the following data: GDP = $11,920 billion;investment = $2,100 billion;exports = $500 billion;government purchases = $1,450 billion;consumption = $8,500 billion.What does import spending equal?
A) $630 billion
B) $370 billion
C) $1,320 billion
D) $430 billion
E) $474 billion
Correct Answer:

Verified
Correct Answer:
Verified
Q3: To derive net domestic product (NDP)from gross
Q8: Look at the following data: personal income
Q36: Capital consumption allowance refers to<br>A) capital goods
Q61: Which of the following statements is true?<br>A)
Q79: Look at the following data: consumption =
Q82: Suppose that net exports are -$300 billion
Q95: An example of income earned but not
Q99: Why do economists prefer to compare Real
Q104: In 1950,the country with the highest per-capita
Q125: In 1900,the country with the highest per