If consumption = $2,000, investment = $600, government purchases = $500, net exports = −$40, and transfer payments = $340, then _____

Name: If consumption = $2,000, investment = $600, government purchases = $500, net exports = −$40, and transfer payments = $340, then _____
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Question

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GDP is calculated as the sum of consumption, investment, government purchases, and net exports. Thus, GDP = $2,000 + $600 + $500 - $40 = $3,060. Transfer payments are not included in GDP calculation.

If Consumption = $2,000, Investment = $600, Government Purchases =