Solved

GDP Equals $5 Trillion

Question 20

Multiple Choice

GDP equals $5 trillion.If consumption equals $3.5 trillion, investment equals $1 trillion, and government spending equals $1.5 trillion, then:


A) exports exceed imports by $1 trillion.
B) imports exceed exports by $1 trillion.
C) net exports equal zero.
D) exports exceed imports by $1.5 trillion.
E) imports exceed exports by $1.5 trillion.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions