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Scenario 26-3. Assume the following information for an imaginary, open economy.

Consumption = $1,000; investment = $200; net exports = -$50; taxes = $230; private saving = $225; and national saving = $150.

Refer to Scenario 26-3. For this economy, GDP equals

A. $1,505.
B. $1,460
C. $1,480.
D. $1,455.

Respuesta :

akindeleot

Answer:

GDP equals $1455, answer is D

Explanation:

GDP = Consumption + Investment + Net exports + Private saving - National saving + Taxes

GDP = 1000 + 200 - 50 + 225 - 150 + 230

GDP = 1,455

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