Suppose we have the country of Melanie-opolis. Further suppose that we have the following: . People in Melanie-opolis spend $90,000,000 on food and cars produced in the country in 2021. . Firms in Melanie-opolis spend $40,000,000 on equipment produced in the country in 2021. . Government in Melanie-opolis spends $20,000,000 on uniforms produced in the country of Cynthia-ville in 2021. . People in Cynthia-ville spend $70,000,000 on goods produced in the country of Melanie-opolis in 2021. . People in Melanie-opolis also spend $30,000,000 on purchases of existing bonds (that were originally produced in 2019). Based on this information, what is the GDP for Melanie-opolis for 2021? $100,000.000 $160.000.000 $180,000,000 $200,000,000 $240,000,000

Suppose we have the country of Melanie-opolis. Further suppose that we have the following: . People in Melanie-opolis spend $90,000,000 on food and cars produced in the country in 2021. . Firms in Melanie-opolis spend $40,000,000 on equipment produced in the country in 2021. . Government in Melanie-opolis spends $20,000,000 on uniforms produced in the country of Cynthia-ville in 2021. . People in Cynthia-ville spend $70,000,000 on goods produced in the country of Melanie-opolis in 2021. . People in Melanie-opolis also spend $30,000,000 on purchases of existing bonds (that were originally produced in 2019). Based on this information, what is the GDP for Melanie-opolis for 2021? $100,000.000 $160.000.000 $180,000,000 $200,000,000 $240,000,000

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter1: Welcome To Economics!

Section: Chapter Questions

Problem 6SCQ: Suppose we extend the circular flow model to add imports and exports. Copy the circular flow diagram...

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