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

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp

Section: Chapter Questions

Problem 9WNG

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Question

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

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