Table 7-5

-Refer to Table 7-5. Gross domestic product equals
A)$1,860.
B)$1,380.
C)$1,910.
D)$4,170.

Name: Table 7-5 -Refer to Table 7-5. Gross domestic product equals A)$1,860. B)$1,380. C)$1,910. D)$4,170.
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Question

Table 7-5
 
-Refer to Table 7-5. Gross domestic product equals
A)$1,860. 
B)$1,380. 
C)$1,910. 
D)$4,170.

Quizplus · Accepted Answer

Gross domestic product is equal to consumption plus investment plus government spending plus net exports. In this case, GDP is equal to $1,000 + $300 + $400 + $160 = $1,860.

Table 7-5 -Refer to Table 7-5. Gross Domestic Product Equals