The Country of Sophilia Has a GDP of $5000, Investment

question 154

Multiple Choice

The country of Sophilia has a GDP of $5000, investment of $1500, government purchases of $400, and net capital outflow of negative $300. What is consumption?

• A) $1700
• B) $1800
• C) $3400
• D) $3700

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Definitions:

Basic

Constituting an essential foundation or starting point; fundamental characteristics or principles of something.

Pythagoras

An ancient Greek philosopher and mathematician who is credited with significant developments in mathematics, astronomy, and the theory of music.

Numbers

Abstract entities that represent quantities, positions, or values in mathematics, enabling the measuring, labeling, and ordering of objects and ideas.

Trees and Tables

An analogy often used to explain philosophical concepts, contrasting natural objects like trees with man-made objects like tables to explore ideas about reality and perception.