Table 1 - U.S. data Household Consumption$6,400 U.S.Exports$500 Government Spending$2,200 U.S.Imports$700 Private Sector Investment$1,600 Use the hypothetical
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Question:
Table 1 - U.S. data
Household Consumption$6,400
U.S.Exports$500
Government Spending$2,200
U.S.Imports$700
Private Sector Investment$1,600
Use the hypothetical data (in billions of dollars) shown in Table 1., nominal GDP is equal to
Answers:A.$10,000
B.$10,700
C.$10,200
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