Given the Following Data for the Economy, Compute the Value

question 1

Multiple Choice

Given the following data for the economy, compute the value of GDP. $$\begin{array} { | l l | } \hline \text { Government purchases of goods and services } & 10 \\\text { Consumption Expenditures } & 70 \\\text { Exports } & 5 \\\text { Imports } & 12 \\\text { Change in inventories } & - 7 \\\text { Construction of new homes and apartments } & 15 \\\text { Sales of existing homes and apartments } & 22 \\\text { Government payments to retirees } & 17 \\\text { Business fixed investment } & 9 \\\hline\end{array}$$

• A) 56
• B) 83
• C) 90
• D) 141

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Definitions:

Axon

An elongated, thin extension of a neuron, also known as a nerve cell, which usually transmits electrical signals from the cell body of the neuron.

Synaptic Transmission

The process by which neurons communicate with each other by releasing neurotransmitters across a synapse to transmit signals to target cells.

Neurotransmitters

Chemicals in the brain that transmit signals across a synapse from one neuron to another.

Reuptake

A process in which neurotransmitters are absorbed back into the neuron after being released, affecting the communication between neurons.