Use the Following to Answer Questions: Table: Economic Data -(Table: Economic Data) Based on the Data in the Table

question 49

Multiple Choice

Use the following to answer questions: Table: Economic Data $$\begin{array} { l c } \hline \text { Component of GDP } & \text { Amount } \\\hline \text { Consumption } & \$ 875.5 \\\text { Investment } & 415.5 \\\text { Wages and salaries } & 794.8 \\\text { Rent } & 300.2 \\\text { Profit } & 391 \\\text { Government Purchases } & 380 \\\text { Interest } & 345 \\\text { Exports } & 520 \\\text { Imports } & 360 \\\hline\end{array}$$
-(Table: Economic Data) Based on the data in the table, what is the GDP for this economy based on the factor income approach?

• A) $1,486
• B) $1,831
• C) $1,901.5
• D) $2,246.5

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Definitions:

Artisans and Tradespeople

Skilled workers who craft goods or provide services by hand, often in a specialized trade or craft.

Temple's Granaries

Storage spaces or buildings associated with ancient temples used for holding grain supplies.

Burials

The act of placing the dead into the ground, a tomb, or another designated place, often with ceremonial or ritual significance.

Eurasia

A large landmass comprising both Europe and Asia, characterized by diverse cultures, climates, and geopolitical entities.