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

Recognize the scale and timeline of African influx into specific American regions, including Mexico.

Assess the approximate number of Africans transported to the Americas during the slave trade era.

Explain the concept of "negros de ganhos" and other social classifications of African slaves in Latin America.

Distinguish between the experiences of African slaves in mainland Latin America and the Caribbean.

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Definitions:

Brazil

Brazil is a large South American country known for its diverse culture, tropical landscapes, and as an emerging market within the global economy.

Merchandise Balance

reflects the difference between a country's exports and imports of physical goods, excluding services.

Trade

The exchange of goods and services between parties, which can occur within a country or internationally, driven by the principle of comparative advantage.

1960s

A decade known for significant cultural, political, and socio-economic changes worldwide.