The Following Are National Income Account Data for a Hypothetical

question 73

Multiple Choice

The following are national income account data for a hypothetical economy in billions of dollars: gross investment ($320) ; imports ($35) ; exports ($22) ; personal consumption expenditures ($2,460) ; and, government purchases ($470) .What is GDP in this economy?

• A)$3,237 billion
• B)$3,263 billion
• C)$3,273 billion
• D)$3,290 billion

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