The Country of Nemedia Does Not Trade with Any Other

question 40

Multiple Choice

The country of Nemedia does not trade with any other country. Its GDP is $20 billion. Its government collects $4 billion in taxes and pays out $3 billion to households in the form of transfer payments. Consumption equals $13 billion, and investment equals $2 billion. What is the value of the goods and services purchased by the government of Nemedia?

• A) $3 billion
• B) $5 billion
• C) $17 billion
• D) $19 billion

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Definitions:

Neutrons

Subatomic particles found in the nucleus of an atom, with no electric charge and a mass slightly larger than that of protons.

Solvent

A substance that dissolves a solute, resulting in a solution; usually a liquid but can also be a solid or gas.

Water

A clear, flavorless, scentless, and almost invisible chemical compound that primarily makes up the waters of Earth's rivers, lakes, and seas.

Electronegativity

A measure of an atom's ability to attract and hold electrons, influencing the bond type and polarity among atoms.