If consumption = $2,000, investment = $600, government purchases = $500, net exports = ?$40, transfer payments = $340, then _____

a. GDP = $2,720
b. GDP = $3,060
c. GDP = $3,140
d. GDP = $3,400
e. GDP = $3,340

b

Economics

You might also like to view...

A depreciation of the U.S. dollar will encourage, other things the same ________

A) the purchase of foreign goods by foreign economic agents B) the purchase of foreign goods by U.S. economic agents C) the purchase of U.S. assets by foreign economic agents D) the purchase of foreign assets by U.S. economic agents

Economics

What is a mutual fund? What advantage does owning a share in a mutual fund have over owning a share of stock?

Economics