The Following Are National Income Account Data for a Hypothetical

question 73

Multiple Choice

The following are national income account data for a hypothetical economy in billions of dollars: gross investment ($320) ; imports ($35) ; exports ($22) ; personal consumption expenditures ($2,460) ; and, government purchases ($470) .What is GDP in this economy?

• A)$3,237 billion
• B)$3,263 billion
• C)$3,273 billion
• D)$3,290 billion

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Definitions:

Blood Pressure

The force exerted by circulating blood on the walls of blood vessels, a critical indicator of cardiovascular health.

Blood Sugar

The concentration of glucose present in the blood, an important energy source for the body's cells.

Stress Hormones

Biochemical substances, like cortisol and adrenaline, that are released into the body in response to stress, affecting health and mood.

Thalamus

A mass of gray matter located in the dorsal part of the diencephalon of the brain, functioning as a principal relay station for sensory information flowing into the cortex.