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25 April, 09:06

Consider the data above (in billions of dollars) for an economy: Gross domesticproduct (in billions of dollars) for this economy equals6) A) $2,200. B) $1,600. C) $1,400. D) $1,200.

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  1. 25 April, 09:23
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    D) $1,200

    Explanation:

    Following is the data that was missing from the question.

    Consumption expenditures $800

    Investment expenditures $200

    Government purchases $300

    Exports $100

    Imports $200

    Wages $800

    Consumption expenditures + Investment expenditures + Government purchases + (Difference between Exports and Imports)

    = $800 + $200 + $300 + ($100 - $200)

    = $1,200
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