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The Country of Bienmundo Does Not Trade with Any Other

Question 44

Multiple Choice

The country of Bienmundo does not trade with any other country.Its GDP is $30 billion.Its government purchases $5 billion worth of goods and services each year and collects $6 billion in taxes.Private saving in Bienmundo amounts to $5 billion.What are consumption and investment in Bienmundo?


A) $17 billion and $8 billion,respectively.
B) $19 billion and $6 billion,respectively.
C) $19 billion and $8 billion,respectively.
D) $17 billion and $6 billion,respectively.

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