Table 12-4 -Refer to Table 12-4

question 17

Multiple Choice

Table 12-4
$\begin{array}{|l|c|}\hline \text { Consumption expenditures } & \$ 800 \\\hline \text { Investment expenditures } & 300 \\\hline \text { Government purchases } & 300 \\\hline \text { Govermment transfer payments } & 400 \\\hline \text { Exports } & 300 \\\hline \text { Imports } & 100 \\\hline\end{array}$
-Refer to Table 12-4.Consider the data above (in billions of dollars) for an economy: Gross domestic product (in billions of dollars) for this economy equals

• A) $2,200.
• B) $2,100.
• C) $1,600.
• D) $1,400.

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Definitions:

Vincent Van Gogh

A Dutch post-impressionist painter known for his influence on the history of Western art with his vivid paintings.

Investment

Investment refers to the act of allocating resources, usually money, with the expectation of generating an income or profit.

Retirement Account

A financial account designed for saving funds to be used during an individual's retirement years, often offering tax benefits.