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IRISSAK [1]
3 years ago
12

Consumption expenditures $800 Investment expenditures 200 Government purchases 300 Exports 100 Imports 100 Wages 800 Consider th

e data above (in billions of dollars) for an economy: Gross domestic product (in billions of dollars) for this economy equals____________.A. $2,200. B. $1,600. C. $1,400 D. $1.200.
Business
1 answer:
yan [13]3 years ago
5 0

Answer:

$1,300

Explanation:

The computation of the gross domestic product is shown below:

= Consumption expenditures + investment expenditure + government purchase + export - import

= $800 + $200 + $300 + 100 - $100

= $1,300

The export - import is also known as net exports

We simply added the consumption expenditure, investment expenditure, government purchase and net export

This is the answer, but in the options given, the same is not provided

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Answer:

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ioda

Alex's country was once communist, but now allows limited private ownership of companies, and lets market forces determine production and pricing decision is the kind of 'Market Socialist' economy.

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1 year ago
A CPA firm evaluates its personnel advancement experience to ascertain whether individuals assigned to increased degrees of resp
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Answer:

Supervision and review ( B )

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3 years ago
​Drive-Ins borrowed money by issuing $ 2 comma 500 comma 000 of 8 % bonds payable at 96.5. Interest is paid semiannually. Requir
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