The table below shows a country's macroeconomic data in 2013.
$175 billion
Consumption spending
Individual income taxes
$32 billion
S30 billion
$25 billion
Private investment
spending
Corporate taxes
Exports
Government purchases
Imports
$75 billion
$40 billion
$100 billion
The country's gross domestic product is
a
347 Billion
b
282 billion
C220 billion
d
309 billion

Answers

Answer 1

Answer:220 billion

Explanation:

Answer 2

Based on the various economic factors presented, the GDP for this country is C. $220 Billion

What is the GDP?

The Gross Domestic Product is the total dollar value of the final goods and services produced in a country within a period.

It is calculated as:
= Consumption + Investment spending + Government spending + Exports - Imports

= 175 + 30 + 40 + 75 - 100

= $220 Billion

In conclusion, the GDP is $220 billion.

Find out more on GDP at https://brainly.com/question/583208.


Related Questions

Other Questions
There is a line that includes the point (7,10) and has a slope of 5. What is its equation in point-slope form? 140 with the power of 1/8 in radical form How do you find the slope to (3,12),(3,-17) How do you simplify 1 1/3 Danny has at least $15 more than his big brother. Danny's brother has 72. How much money does Danny have? Select the correct answer from each drop down menu bus stop Pls help. I don't understand. f(x) = 4x - 9 step by step and put the right anwser so I can read it What aspect of health involves how a person copes with different situations? Mental and emotional health Spiritual health Physical health Intellectual health a caterer charges a flat delivery fee and cost per sandwich ordered.the expression 5-+4.75x represent the equation. What is the slope-intercept equation for the line below?5(4,3)(0, 1)5O A. y=2x+1B. y=-3x+1O C. y=-2x+1O D. y = 2x+1 Pls help me with this problem. Also the answer has to be in terms of pi Swifty Hardware reported cost of goods sold as follows. 2022 2021 Beginning inventory $ 31,000 $ 21,500 Cost of goods purchased 203,500 153,000 Cost of goods available for sale 234,500 174,500 Less: Ending inventory 35,000 31,000 Cost of goods sold $199,500 $143,500 Swifty made two errors: 1. 2021 ending inventory was overstated by $3,600. 2. 2022 ending inventory was understated by $6,550. Compute the correct cost of goods sold for each year. 2022 2021 Cost of goods sold An appliance is for sale at either (a) P15,999 cash or (b) on terms, P1,499 each month for the next 12 months. Money is 9% compounded monthly. Which is lower, the cash price or the present value of the installment terms? Explain. HEY can You help me with this work pls i need help don't put random. if u don't know it pls guys. Malcolm X was assassinated by members of theBlack Panthers.US Army.SNCC.Nation of Islam. albert announces to his mother, he is hungry and asks what is there to eat? she responds, go look in the refrigerator. which factor has the greatest influence on albert's food choice? What were the differences between Democratic-Republicans and National Republicans? plsss help meeeeeeeee Although his trip only took fifteen minutes, who became the first American to travel intospace