Look at the Following Data: Consumption = $925 Billion; Exports

question 130

Multiple Choice

Look at the following data: consumption = $925 billion; exports = $50 billion; imports = $62 billion; investment = $325 billion; government purchases = $300 billion.GDP is equal to __________ billion.

• A) $1,662
• B) $1,468
• C) $1,911
• D) $1,538
• E) none of the above

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Definitions:

Wage Discrimination

The practice of paying different wages to employees who do similar work based on the employees' gender, race, age, or other non-merit-based factors.

Objective Measures

Assessments based on observable and measurable facts, used in various fields to ensure fairness and accuracy in decision-making.

Professional Sports

Athletic activities and competitions conducted by individuals who receive financial compensation for their performance.

Minimum Wage

The minimum wage permitted by law for the majority of employees.