Given the Following Data, Calculate the GDP

question 102

Multiple Choice

Given the following data, calculate the GDP. wages = $500 government spending= $2,500 private investment = $2,100
Rent= $100 consumer spending= $7,800 net exports = $-400

• A) GDP = $11,400
• B) GDP = $12,000
• C) GDP = $12,400
• D) GDP = $13,000

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