Assume Net Exports Are -$220,consumption Is $5,000,tax Revenues Are $1,000,government

question 121

Multiple Choice

Assume net exports are -$220,consumption is $5,000,tax revenues are $1,000,government purchases are $1,500,and 2003 GDP,calculated by the expenditure approach,is $8,000.We can conclude that

• A) private investment was $1,940
• B) public investment was $310
• C) private investment was $320
• D) private investment was $1,720
• E) public investment was $1,730

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