The Following Are National Income Account Data for a Hypothetical

question 220

Multiple Choice

The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investment ($320) , imports ($35) , exports ($22) , personal consumption
Expenditures ($2,460) , and government purchases ($470) . What is GDP in this economy?

• A) $3,250 billion
• B) $3,263 billion
• C) $3,237 billion
• D) $3,290 billion

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Definitions:

Psychotherapist

A trained professional who employs psychological methods and strategies to help individuals cope with mental health issues, emotional problems, and life challenges.

Appointment

A prearranged meeting or arrangement to see someone at a specific time and place.

Topographical Model

Sigmund Freud’s model of the mind that highlights the conflict between the pleasure principle and the reality principle.

Preconsciousness

The part of the mind that contains thoughts and feelings not currently in consciousness but can be accessed easily.