If consumption in the United States is $10 trillion, investment $5 trillion, government purchases $4 trillion, exports $2 trillion, and imports $3 trillion, calculate GDP. Put your answer in trillions and leave off the dollar sign. (Note that if your answer is $25 trillion, putting your answer in trillions with no dollar sign means that you would simply enter your answer as 25.)

If consumption in the United States is $10 trillion, investment $5 trillion, government purchases $4 trillion, exports $2 trillion, and imports $3 trillion, calculate GDP. Put your answer in trillions and leave off the dollar sign. (Note that if your answer is $25 trillion, putting your answer in trillions with no dollar sign means that you would simply enter your answer as 25.)

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter11: Gross Domestic Product

Section: Chapter Questions

Problem 4SQP

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