In a Small Economy,consumption Spending Is $6,000,government Purchases Are $1,200,gross

question 85

Multiple Choice

In a small economy,consumption spending is $6,000,government purchases are $1,200,gross investment is $1,500,exports are $2,000,and imports are $1,000.What is gross domestic product?

• A)$9,700
• B)$9,800
• C)$10,800
• D)$11,700

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Definitions:

Leader-Participation Model

A framework that suggests the optimal level of participation in decision-making varies by situation.

Transformational Leadership

Transformational leadership is a style of leadership where a leader works with their team to identify needed change, creating a vision to guide the change through inspiration and executing the change in tandem with committed members of the group.

Awareness

The state or ability to perceive, to feel, or to be conscious of events, objects, thoughts, emotions, or sensory patterns.

Imaginations

The faculty or action of forming new ideas, concepts, or images not present to the senses.