In the economy of Ukzten in 2010, consumption was $6000, exports were $1000, GDP was $10,000, government purchases were $2000, and imports were $600. What was Ukzten's investment in 2010?

Question

Quizplus · Accepted Answer

Using the formula:
GDP = C + I + G + X - M
where 
C = Consumption
I = Investment
G = Government Purchases
X = Exports
M = Imports

Substituting the given values, we get:
10000 = 6000 + I + 2000 + 1000 - 600
Solving for I, 
I = 1600
Therefore, Ukzten's investment in 2010 was $1600.

In the Economy of Ukzten in 2010, Consumption Was $6000