given-the-following-data-consumption-600-billion-investment-250-billion-governme

Question

Given the following data: Consumption = $$600 billion, Investment = 250 $$billion, Government Purchases = $$350 billion, and Net Exports = 0 $$billion, what is the GDP?

Accepted Answer

$1.2 trillion

Answer

$1.4 trillion

Answer

$1.1 trillion

Answer

$1.3 trillion

Given the following data: Consumption = \(600 billion, Investment = \)250 billion, Government Purchases = \(350 billion, and Net Exports = \)0 billion, what is the GDP?