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Use the Following to Answer Questions: Table: Components of GDP

Question 173

Multiple Choice

Use the following to answer questions: Table: Components of GDP  Private investment $1,640 billion  Government spending 2,872 billion  Profits 1,565 billion  Consumption spending 9,913 billion  Wages 3,574 billion  Exports 1,520 billion  Imports 1,890 billion \begin{array} { l r } \hline \text { Private investment } & \$ 1,640 \text { billion } \\\text { Government spending } & 2,872 \text { billion } \\\text { Profits } & 1,565 \text { billion } \\\text { Consumption spending } & 9,913 \text { billion } \\\text { Wages } & 3,574 \text { billion } \\\text { Exports } & 1,520 \text { billion } \\\text { Imports } & 1,890 \text { billion } \\\hline\end{array}
-(Table: Components of GDP) Use the data in this table to calculate GDP.


A) $11,171 billion
B) $14,055 billion
C) $15,945 billion
D) $19,519 billion

Correct Answer:

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