Table 10-2
the Table Below Contains Data for the Country

question 330

Multiple Choice

Table 10-2
The table below contains data for the country of Crete for the year 2010. $\begin{array}{l|l}\hline \text { Total income } & \$ 5731 \\\hline \text { Household purchases of durable goods } & \$ 1108 \\\hline \text { Household purchases of nondurable goods } & \$ 702 \\\hline \text { Household purchases of non-education services } & \$ 203 \\\hline \text { Household purchases of education services } & \$ 302 \\\hline \text { Household purchases of new housing } & \$ 816 \\\hline \text { Purchases of capital equipment } & \$ 333 \\\hline \text { Inventory changes } & \$ 75 \\\hline \text { Purchases of new structures } & \$ 267 \\\hline \text { Depreciation } & \$ 401 \\\hline \text { Local government spending on goods and services } & \$ 236 \\\hline \text { State government spending on goods and services } & \$ 419 \\\hline \text { Federal government spending on goods and services } & \$ 1182 \\\hline \text { Transfer payments } & \$ 707 \\\hline \text { Foreign purchases of domestically produced goods } & \$ 217 \\\hline \text { Domestic purchases of foreign goods } & \$ 129\end{array}$

-Refer to Table 10-2. What was Crete's GDP in 2010?

• A)$4623
• B)$5731
• C)$6037
• D)$6839

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Definitions:

Management Knowledge

The body of understanding and skills that managers use to effectively run organizations, including strategic planning, leading, organizing, and controlling.

Japan-Dominated

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Henry Fayol

A French mining engineer and management theorist best known for developing a general theory of business administration.

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The obligations and duties of managers to make decisions, guide actions, and oversee the welfare and performance of their team and organization.