If consumption expenditures are $500 million, spending on fixed investment is $100 million, the increase in inventories equals $5 million, imports are $50 million, exports are $55 million, government spending on goods and services is $200 million, than GDP is
A) $790 million.
B) $800 million.
C) $810 million.
D) $830 million.

Question

Quizplus · Accepted Answer

GDP = Consumption expenditures + Investment + Government spending + (Exports - Imports) + Increase in inventories 
GDP = $500 million + $100 million + $200 million + ($55 million - $50 million) + $5 million 
GDP = $810 million

If Consumption Expenditures Are $500 Million, Spending on Fixed Investment