If consumption was $2B, investment $0.5B, government purchases $3B, exports $1B, and imports $2B what is the GDP?
a) $6.5B
b) $4.5B
c) $7.5B
d) $5.5B


The correct answer is b.
GDP = Consumption + Investment + Government Purchases + (Exports - Imports)
GDP = 2+0.5+3+(1-2) = $4.5B
Topic: CSC Volume 1 - Micro and Macroeconomics


  1. Donald has been putting aside money for his retirement into a Roth IRA for six years.  Although ...

    The correct answer is A) In a Roth IRA, there is no required distribution date as there is in a traditional IRA.
  2. A 7-year, 6% coupon callable bond is currently trading at 96.25.  The ...

    Free info on financial certification exams including study guides, exam questions, and much more!
  3. According to SEC Release IA-1092, which of the following would NOT qualify as an ...

    The correct answer is C). SEC Release IA-1092 considers financial planners, pension consultants and sports and entertainment ...
  4. Your client, Todd, owns 100 shares HAT stock in his taxable stock portfolio ...

    The correct answer is a): Since Todd owns the stock and expects another stagnant year ahead, he would employ a covered call ...
  1. No results found.

You May Also Like

Related Articles
  1. No results found.
Trading Center

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!