Assume the following:
Consumption-$3,040
Government Purchases-$810
Exports-$250
Imports-$450
Foreign Income Receipts= $180
Foreign Payments-$110
Depreciation $145
Investment-$700
What is GDP?

Respuesta :

Explanation:

Consumption = 3040

Investment = 700

Government purchases = 810

Exports = 250

Imports = 450

GDP Formula = GDP=Consumption+Investment+Government Purchases+(Exports−Imports)

GDP=3040+700+810+(250−450)

Answer:

The GDP is $4,350

Hope this help!

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