The Following Are National Income Account Data for a Hypothetical

question 163

Multiple Choice

The following are national income account data for a hypothetical economy in billions of dollars: government purchases ($940) ; personal consumption expenditures ($4,920) ; imports ($170) ; exports ($133) ; gross investment ($640) .What is GDP in this economy?

• A)$6,463 billion
• B)$6,500 billion
• C)$6,537 billion
• D)$6,633 billion

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Definitions:

Electrode Catheters

Flexible, conductive tubes used in medical procedures to diagnose or treat cardiovascular abnormalities by delivering electrical currents to heart tissues.

Artificial Pacemaker

An electronic device implanted in the body to regulate the heartbeat by generating electrical impulses.

Vena Cava

One of two large veins that empty into the right atrium of the heart.

Right Atrium

The right upper chamber of the heart that receives deoxygenated blood from the body through the vena cava.