Exhibit 7-1

-Given the data in Exhibit 7-1,calculate aggregate expenditure.
A) $1,800
B) $1,900
C) $2,000
D) $2,200
E) $2,300

Question

Exhibit 7-1
 
-Given the data in Exhibit 7-1,calculate aggregate expenditure.
A) $1,800 
B) $1,900 
C) $2,000 
D) $2,200 
E) $2,300

Quizplus · Accepted Answer

Aggregate expenditure is calculated by summing up the values of consumption expenditure, investment expenditure, government expenditure, and net exports. 
Adding the values in Exhibit 7-1, we get: 
$1,000 (consumption) + $200 (investment) + $400 (government expenditure) + $400 (net exports) = $2,000. 
Therefore, the correct answer is option C) $2,000.

Exhibit 7-1 -Given the Data in Exhibit 7-1,calculate Aggregate Expenditure