In a Given Year, an Economy Has Consumption of $6000

question 15

Multiple Choice

In a given year, an economy has consumption of $6000, investment of $4000, government purchases of $3500, exports of $1500, imports of $1600, taxes of $1200, transfer payments of $1400, and depreciation of $1300. What is the GDP?

• A) $11,200
• B) $13,400
• C) $14,600
• D) $17,300

---

Definitions:

Record

A collection of related fields of information treated as a single unit, often stored in a database or spreadsheet.

Standard Properties

Predefined or commonly used attributes for files and documents such as title, author, and modification date.

Microsoft Office

A suite of productivity software created by Microsoft, including Word, Excel, PowerPoint, and others.

Author

The creator or originator of a piece of work, such as a book, article, or software.