-Using the Information in the Table Above, Calculate the Value

question 317

Multiple Choice

$\begin{array}{|l|l|}\hline \text { Item } & \begin{array}{l}\text { Millions of } \\\text { dollars }\end{array} \\\hline \begin{array}{l}\text { Personal consumption } \\\text { expenditure }\end{array} & 80 \\\hline \begin{array}{l}\text { Government expenditure on } \\\text { goods } \\\text { and services }\end{array} & 30 \\\hline \text { Net taxes } & 35 \\\hline \begin{array}{l}\text { Gross private domestic } \\\text { investment }\end{array} & 20 \\\hline \text { Imports of goods and services } & 10 \\\hline \text { Exports of goods and services } & 20 \\\hline\end{array}$
-Using the information in the table above, calculate the value of GDP.

• A) $195 million
• B) $185 million
• C) $145 million
• D) $140 million

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Definitions:

Governmental Organizations

Institutions that are part of the government structure, operating under governmental rules and regulations to implement policies and provide public services.

Interest Groups

are organizations formed around a shared concern or advocacy for specific issues, aiming to influence public policy or opinion.

Immediate Environment

The immediate environment refers to the specific external factors and conditions directly surrounding and affecting a business, individual, or system at a given time.

Marketing Director

A professional responsible for overseeing the marketing strategies and efforts within an organization to promote its products or services.