The GDP for a small economy in 2010 was $9,950. This was composed by $4,600 of consumption, $2,650 of investments, $2,100 of government purchases, and $4,550 of exports. In this case what is the amount of imports for this economy in 2010? Select one: O a. $4,120 O b. $3,550 O c. $3,950 O d. None of the answers are correct O e. $4,780

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
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Problem 18P
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The GDP for a small economy in
2010 was $9,950. This was
composed by $4,600 of
consumption, $2,650 of
investments, $2,100 of government
purchases, and $4,550 of exports.
In this case what is the amount of
imports for this economy in 2010?
Select one:
O a. $4,120
O b. $3,550
O c. $3,950
O d. None of the answers are
correct
O e. $4,780
Transcribed Image Text:The GDP for a small economy in 2010 was $9,950. This was composed by $4,600 of consumption, $2,650 of investments, $2,100 of government purchases, and $4,550 of exports. In this case what is the amount of imports for this economy in 2010? Select one: O a. $4,120 O b. $3,550 O c. $3,950 O d. None of the answers are correct O e. $4,780
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