Question
In a small economy, gross investment in 2018 is $2500, consumption spending is $6 000, net investment is $200, government spending is $1500, exports are
In a small economy, gross investment in 2018 is $2500, consumption spending is $6 000, net investment is $200, government spending is $1500, exports are $2000 and imports are $1000. What is GDP for this economy in 2018?
a.
$10700
b.
$10200
c.
$11000
d.
$10300
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Principles of Economics
Authors: Gregory Mankiw
7th edition
128516587X, 978-1285165875
