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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Definitions:

Parent-Child Bickering

Frequent, often minor arguments or disputes between parents and children, typically part of family dynamics and development.

Teenage Depression

A serious mental health disorder that impacts the emotional and functional capacity of adolescents, characterized by persistent sadness and a lack of interest in activities.

Disturbed Relationship

A relationship characterized by conflict, lack of trust, or emotional instability, requiring intervention to resolve.

Personal Habits

Regular practices or behaviors that are individual to a person, often reflecting lifestyle choices and personality.