The country of Sylvania has a GDP of $900,investment of $200,government purchases of $200,and net capital outflow of -$100.What is consumption?
A)$700
B)$600
C)$500
D)$300

Question

Quizplus · Accepted Answer

Consumption is calculated as GDP minus investment, government purchases, and net exports (which is the negative of net capital outflow). So, $900 - $200 - $200 - (-$100) = $600.

The Country of Sylvania Has a GDP of $900,investment of $200,government