If the Total GDP in 2011 Was $1302 Billion, Where

question 35

Multiple Choice

If the total GDP in 2011 was $1302 billion, where consumption expenditure equals $713 million, investment = $285 million, government = $308, the net exports would:

• A)be 0.4% of the total GDP
• B)equal $5 million
• C)both a and b
• D)have been negative as import spending is greater than export receipts