Table 10-2
the Table Below Contains Data for the Country

question 368

Multiple Choice

Table 10-2
The table below contains data for the country of Crete for the year 2010. $\begin{array}{l|l}\hline \text { Total income } & \$ 5731 \\\hline \text { Household purchases of durable goods } & \$ 1108 \\\hline \text { Household purchases of nondurable goods } & \$ 702 \\\hline \text { Household purchases of non-education services } & \$ 203 \\\hline \text { Household purchases of education services } & \$ 302 \\\hline \text { Household purchases of new housing } & \$ 816 \\\hline \text { Purchases of capital equipment } & \$ 333 \\\hline \text { Inventory changes } & \$ 75 \\\hline \text { Purchases of new structures } & \$ 267 \\\hline \text { Depreciation } & \$ 401 \\\hline \text { Local government spending on goods and services } & \$ 236 \\\hline \text { State government spending on goods and services } & \$ 419 \\\hline \text { Federal government spending on goods and services } & \$ 1182 \\\hline \text { Transfer payments } & \$ 707 \\\hline \text { Foreign purchases of domestically produced goods } & \$ 217 \\\hline \text { Domestic purchases of foreign goods } & \$ 129\end{array}$

-Refer to Table 10-2. What was Crete's investment in 2010?

• A)$675
• B)$1090
• C)$1491
• D)$1793

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Definitions:

Day

A day is a unit of time equivalent to 24 hours or the period it takes for the Earth to complete one full rotation on its axis.

Marginal Utility

The increased happiness or advantage received from using one more unit of a good or service.

Total Utility

The total satisfaction received from consuming a certain quantity of goods or services.

Marginal Utility

is the additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.