In 2018, the total consumption in the X Country was $22,400 and the total investment activities amounted to $2,340. At the same time, the government purchases were $735 and net exports were -$847. In this instance, the GDP for 2018 was: Select one: a. $22,540 b. $24,628 c. $26,200 d. $28,600

In 2018, the total consumption in the X Country was $22,400 and the total investment activities amounted to $2,340. At the same time, the government purchases were $735 and net exports were -$847. In this instance, the GDP for 2018 was: Select one: a. $22,540 b. $24,628 c. $26,200 d. $28,600

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter19: Measuring Economic Performance

Section: Chapter Questions

Problem 6P

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Question

Select one:

a. $22,540

b. $24,628

c. $26,200

d. $28,600

Definition Video Definition Overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period. Video

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