What is the GNP using the table shown? $$\begin{array} { | l | c | }
\hline & \text { In billions uf dallars } \
\hline \text { Consurnption1 } & 3,600 \
\hline \text { Grvestment } & 800 \
\hline \text { Transfer payments } & 750 \
\hline \text { Government Purchases } & 1,000 \
\hline \text { Exports } & 650 \
\hline \text { Imports } & 450 \
\hline \text { Net foreipn factor income } & - 30 \
\hline
\end{array}$$

Question

What is the GNP using the table shown? $$\begin{array} { | l | c | } 
\hline & \text { In billions uf dallars } \
\hline \text { Consurnption1 } & 3,600 \
\hline \text { Grvestment } & 800 \
\hline \text { Transfer payments } & 750 \
\hline \text { Government Purchases } & 1,000 \
\hline \text { Exports } & 650 \
\hline \text { Imports } & 450 \
\hline \text { Net foreipn factor income } & - 30 \
\hline
\end{array}$$

Quizplus · Accepted Answer

GNP = Consumption + Investment + Government Purchases + (Exports - Imports) + Net foreign factor income= 3,600 + 800 + 1,000 + (650 - 450) + (-30)= 5,570

What Is the GNP Using the Table Shown A)5,570 B)5,630 C)6,220 D)6,250

What Is the GNP Using the Table Shown A)5,570
B)5,630
C)6,220
D)6,250