Solved

In a Small Economy, Gross Investment in 2018 Is $2

Question 43

Multiple Choice
In a small economy, gross investment in 2018 is $2 500, consumption spending is $6 000, net investment is $200, government spending is $1 500, exports are $2 000 and imports are $1 000. What is GDP for this economy in 2018?

In a small economy, gross investment in 2018 is $2 500, consumption spending is $6 000, net investment is $200, government spending is $1 500, exports are $2 000 and imports are $1 000. What is GDP for this economy in 2018?


A) $10 700
B) $10 300
C) $10 200
D) $11 000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents