A 2021.tle.courses.open.uwi.edu1707 26Calculate GDP using the information in the table below:$BillionsGovernment purchases of goods 800ServicesImportsChange in business inventories40Durable goodsNondurable goods009ExportsResidential investmentGovernment purchases of services 200Nonresidential investment650Select one:O a. 3650O b. 3440O d. 3140

Bilions Government purchases of goods 800 Services 500 Imports 200 Change in business inventories 40 Durable goods 300 Nondurable goods 600 Exports 50 Residential investment 200 Government purchases of services 200 Nonresidential investment 650

Bilions Government purchases of goods 800 Services 500 Imports 200 Change in business inventories 40 Durable goods 300 Nondurable goods 600 Exports 50 Residential investment 200 Government purchases of services 200 Nonresidential investment 650

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter19: Measuring Economic Performance

Section: Chapter Questions

Problem 7P

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Question

A 2021.tle.courses.open.uwi.edu
1707 26
Calculate GDP using the information in the table below:
$Billions
Government purchases of goods 800
Services
Imports
Change in business inventories
40
Durable goods
Nondurable goods
009
Exports
Residential investment
Government purchases of services 200
Nonresidential investment
650
Select one:
O a. 3650
O b. 3440
O d. 3140

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