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The following information has been gathered from the economy

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The following information has been gathered from the economy of Caines. All amounts are in billions of dollars. Note: There is no net foreign income and the statistical discrepancy is zero.

Consumption $2,200
Indirect business taxes $100
Exports $400
Wages and salaries $1,800
Gross investment $450
Rent $10
Government purchases $600
Farm income $70
Interest $220
Depreciation $200
Imports $550
Corporate profits $300
Proprietors' income $400

4.1. What is the value of GDP?

A. $3,500 billion

B. $2,500 billion

C. $3,100 billion

D. $4,100 billion
Submitted: 6 years ago.
Category: Homework
Expert:  Linda_us replied 6 years ago.

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