The Following Table Provides Data for an Economy in a Certain

question 117

Multiple Choice

The following table provides data for an economy in a certain year. $$\begin{array} { l l } \text { Consumption expenditures } & 50 \\\text { Imports } & 40 \\\text { Government purchases of goods and services } & 20 \\\text { Construction of new homes and apartments } & 30 \\\text { Sales of existing homes and apartments } & 40 \\\text { Exports } & 50 \\\text { Government payments to retirees } & 10 \\\text { Household purchases of durable goods } & 20 \\\text { Beginning-of-year inventory } & 10 \\\text { End-of-year inventory } & 20 \\\text { Business fixed investment } & 30\end{array}$$
Given the data in the table,compute the investment component of GDP.

• A)30
• B)40
• C)60
• D)70

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Definitions:

Australopithecine Fossils

Prehistoric remains of hominid species, belonging to the genus Australopithecus, that are among the earliest known human ancestors.

Million Years

A period of time equal to one thousand times one thousand years, often used to denote significant periods in Earth's geological and biological history.

Hominoids

A group of primates that includes all apes and humans, characterized by their lack of a tail and more complex brains.

Toumai

A nickname for Sahelanthropus tchadensis, one of the oldest known species in the human lineage, discovered in Chad, Africa dating to about 7 million years ago.