If Personal Consumption Expenditures Are $1 Billion,government Purchases Are $2

question 95

Multiple Choice

If personal consumption expenditures are $1 billion,government purchases are $2 billion,gross private domestic investments are $4 billion and net exports are $5 billion,then GDP is:

• A)$12 billion
• B)$8 billion
• C)$7 billion
• D)cannot be determined