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Look at the Following Data: Durable Goods = $200 Billion;nondurable

Question 44

Multiple Choice

Look at the following data: durable goods = $200 billion;nondurable goods = $350 billion;services = $600 billion;fixed investment + inventory investment = $200 billion;government purchases = $400 billion;exports = $30 billion;imports = $79 billion.GDP is equal to


A) $1,701 billion.
B) $1,201 billion.
C) $1,859 billion.
D) $1,010 billion.
E) There is not enough information to answer the question.

Correct Answer:

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