The following table shows the data for a hypothetical economy in a specific year. All figures are in billions of dollars. Category Value Personal consumption expenditures $80 Purchases of stocks and bonds 30 Net exports -10 Government purchases 30 Sales of secondhand items Gross investment 25 Instructions: Enter your answer as a whole number. What is the country's GDP for the year? billion

MACROECONOMICS
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ISBN:9781337794985
Author:Baumol
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Chapter9: Demand-side Equilibrium: Unemployment Or Inflation?
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The following table shows the data for a hypothetical economy in a specific year. All figures are in billions of dollars.
Category
Value
Personal consumption expenditures
$80
Purchases of stocks and bonds
30
Net exports
-10
Government purchases
30
Sales of secondhand items
Gross investment
25
Instructions: Enter your answer as a whole number.
What is the country's GDP for the year?
billion
Transcribed Image Text:The following table shows the data for a hypothetical economy in a specific year. All figures are in billions of dollars. Category Value Personal consumption expenditures $80 Purchases of stocks and bonds 30 Net exports -10 Government purchases 30 Sales of secondhand items Gross investment 25 Instructions: Enter your answer as a whole number. What is the country's GDP for the year? billion
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