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The table below shows the values of various economic variables of a country during a particular ...

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The table below shows the values of various economic variables of a country during a particular ...

The table below shows the values of various economic variables of a country during a particular year.

Variables	Value
Consumption	$185,000
Investment	$60,000
Government expenditure	$103,000
Exports	$54,000
Imports	$50,000

Refer to the table above. What will be the value of the GDP of the country if the country runs a trade surplus of $30,000 next year, everything else remaining unchanged?

▸ $372,000

▸ $407,000

▸ $378,000

▸ $524,000

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 43 times

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