Answered

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If consumption expenditures are $150 million, net investment is $70 million, imports are $30 million

Sagot :

Cricetus

Answer:

The right solution is "278 million".

Explanation:

The given question is incomplete. Please find attachment of the complete query.

The given values are:

Consumption expenditure,

= $150 million

Net investment expenditure,

= $70 million

Exports,

= $10 million

Imports,

= $ 30 million

According to the government expending,

Goods and services,

= $60 million

Security of the society,

= $18 million

Existing homes sales,

= $60 million

Now,

As we know,

⇒ [tex]GDP=Net \ consumption \ expenditure + Net \ investment \ expenditure + Net \ export (Export - Import) + Net \ government \ expenditure[/tex]On substituting the given values in the above formula, we get

⇒       [tex]=150 + 70 + (10 -30) + (60 + 18)[/tex]

⇒       [tex]=150 + 70 - 20 + 78[/tex]

⇒       [tex]=278 \ million[/tex]

View image Cricetus
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