62
QuizMultiple Choice

N/A — Exam

Question 62 • Financial Math

A country reports the following data for a given year. Household consumption: $300 billion Business investments: $100 billion Government spending: $200 billion Exports: $50 billion Imports: $80 billion What is the country's GDP?

Answer
A
$720 billion
B
$370 billion
C
$630 billion
D
$570 billion

Explanation

GDP is calculated as consumption + investment + government spending + exports − imports. Using the figures given: $300 billion + $100 billion + $200 billion + $50 billion − $80 billion = $570 billion. The correct choice is $570 billion.

AI-written and checked against the verified answer.

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