The Following Data Describe France?s Economy in 2008 From the Data, We Can Conclude That in France
A)

question 102

Multiple Choice

The following data describe France?s economy in 2008. $\begin{array}{ll}\text { Consumption } & 234 \text { billion euros Government } \\\text { expenditure } & 93 \text { billion euros Investment }&88 \text { billion euros } \\\text { Exports } & 128 \text { billioneuros } \\\text { Imports } & 137 \text { billioneuros }\end{array}$ From the data, we can conclude that in France

• A) GDP equaled 424 billion euros.
• B) GDP equaled 680 billion euros.
• C) net exports totaled -11 billion euros.
• D) Net exports totaled 265 billion euros.

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Definitions:

Microeconomics

Microeconomics is the branch of economics that studies how individuals, households, and firms make decisions to allocate limited resources, typically in markets where goods or services are being bought and sold.

Rational Self-Interest

The economic theory that individuals will make decisions based on the best outcome for themselves, maximizing their utility or benefit.

Exhaustive Research

In-depth and comprehensive investigation aimed at covering all aspects and details of a specific topic, subject, or problem.

Rational Self-Interest

The principle that individuals make decisions that they believe will maximize their advantage and wellbeing, based on their personal preferences and information available.