An Economy Produces Only 1,000,000 Computers Valued at $2,000 Each

question 138

Multiple Choice

An economy produces only 1,000,000 computers valued at $2,000 each. Of these, 200,000 are sold to consumers, 300,000 are sold to businesses, 300,000 are sold to the government, and 100,000 are sold abroad. No computers are imported. The unsold computers at the end of the year are held in inventory by the computer manufacturers. What is the value of the investment component of GDP?

• A) $0.3 billion
• B) $0.4 billion
• C) $0.6 billion
• D) $0.8 billion

---

Definitions:

Source Document

Original records that provide evidence of a financial transaction, such as invoices, receipts, contracts, or bank statements.

QBO

Acronym for QuickBooks Online, a cloud-based financial management software.

Money Out

A term referring to payments or expenditures made by a business, leading to an outflow of funds.

Pay Bills

The act of settling outstanding accounts payable or obligations, usually referring to the remittance of money to creditors.