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

question 22

Multiple Choice

An economy produces 1,000,000 computers valued at $2,000 each.Households purchase 200,000 computers,of which 100,000 are imported.Businesses purchase 300,000 domestically-produced computers.The government purchases 300,000 domestically-produced computers,and 100,000 domestically-produced computers are sold abroad.The unsold computers at the end of the year are held in inventory by the computer manufacturers.What is the value of GDP?

• A) $0.9 billion.
• B) $1.0 billion.
• C) $1.8 billion.
• D) $2.0 billion.
• E) $3.8 billion.

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Definitions:

Program Strategies

Approaches designed to achieve specific goals within an organization or initiative.

Strategic Planning Model

A systematic process used by organizations to envision a desired future and translate this vision into broadly defined goals and a sequence of steps to achieve them.

Nonprofit Organization

An entity that operates for the public or societal benefit rather than for the purpose of making profits for owners or shareholders, and which typically enjoys certain tax exemptions.

Capacity Elements

Components or factors that determine the capability of an individual or organization to achieve its objectives.