If, During 2010, the Republic of Sildavia Recorded Investment Spending

question 177

Multiple Choice

If, during 2010, the Republic of Sildavia recorded investment spending of $3 billion, government purchases of $3 billion, consumer spending of $7 billion, imports of $5 billion, government transfers of $1 billion, and exports of $3 billion, Sildavia's GDP in 2010 was:

• A) $11 billion.
• B) $12 billion.
• C) $13 billion.
• D) $14 billion.