Scenario 4-1
In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.
-Total government spending in the U.S. economy was around _____ of the GDP in the financial year 2010.
A)5 percent
B)36 percent
C)25 percent
D)44 percent
E)16 percent

Question

Quizplus · Accepted Answer

The correct answer is based on historical economic data, which indicates that total government spending in the U.S. economy was around 36 percent of the GDP in the financial year 2010.

Scenario 4-1 In a Given Year, Country a Exported $12 Million Worth