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Romashka-Z-Leto [24]
3 years ago
14

Given the following information about the economy of Pakistan, calculate Pakistan's GDP. Note that the currency of Pakistan is t

he Rupee. Assume that the values are all current and no conversions need to be made.
The Government Purchases: 3.40 Trillions of Rupees
Individuals Consume: 9.90 Trillions of Rupees
Individuals Save: 4.97 Trillions of Rupees
Businesses Invest: 1.35 Trillions of Rupees
Foreigners spend: 0.63 Trillions of Rupees to purchase Pakistani firms.
Pakistan Imports: 2.26 Trillions of Rupees
Pakistan Exports: 1.28 Trillions of Rupees
_________ Trillions of Rupees
Business
1 answer:
andrezito [222]3 years ago
8 0
Formula for calculating GDP;

GDP = Consumption + Investment + Government spending/Expenditure + Exports - Imports

Y = C + I + G + XM
Y = 10.53 + 6.32 + 3.40 + 1.28 - 2.26
GDP = 19.27 Trillion Rupees
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