Below is U.S. economic data for 2017. What was total spending?
$$\begin{array} { | l | r | }
\hline \text { Consumption } & \$ 13.312 \text { trillion } \
\hline \text { Investment } & \$ 3.371 \text { trillion } \
\hline \text { Government spending } & \$ 3.412 \text { trillion } \
\hline \text { Exports } & \$ 2.357 \text { trillion } \
\hline \text { Imports } & \$ 2.932 \text { trillion } \
\hline
\end{array}$$
A)$22.45 trillion
B)$19.52 trillion
C)$20.67 trillion
D)$20.10 trillion

Question

Below is U.S. economic data for 2017. What was total spending?
$$\begin{array} { | l | r | } 
\hline \text { Consumption } & \$ 13.312 \text { trillion } \
\hline \text { Investment } & \$ 3.371 \text { trillion } \
\hline \text { Government spending } & \$ 3.412 \text { trillion } \
\hline \text { Exports } & \$ 2.357 \text { trillion } \
\hline \text { Imports } & \$ 2.932 \text { trillion } \
\hline
\end{array}$$
A)$22.45 trillion
B)$19.52 trillion
C)$20.67 trillion
D)$20.10 trillion

Quizplus · Accepted Answer

Total spending is calculated by adding Consumption, Investment, Government spending, and Net Exports (Exports - Imports). Thus, total spending = $13.312 trillion + $3.371 trillion + $3.412 trillion + ($2.357 trillion - $2.932 trillion) = $19.52 trillion.

Below Is U A)$2245 Trillion B)$19

Below Is U A)$2245 Trillion
B)$19