Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / The table below shows a section of the national accounts for a small country in 2018
The table below shows a section of the national accounts for a small country in 2018. Answer the
question that follows using the information provided in the table.
Consumption expenditure
9 800
Government expenditure
3 500
Depreciation
500
Exports
2 200
Imports
1 900
Gross capital formation (investment)
2 500
Primary income payments
300
Primary income receipts
200
The value of Gross Domestic Product (GDP) is:
A 16 100
B 19 900
C 16 600
D 15 600
GDP = C + I + G + X - M
C is consumption
I is investment
G is government spending
X is exports
M is imports
GDP = 9800 + 2500 + 3500 + 2200 - 1900
= 16100
Select Ac
