2.1.1-1.-1.1. 1.2-1., 3-1\'4-1.56: 1 2,ModifyingAbove and below Start 2 By 2 Mat
ID: 1140802 • Letter: 2
Question
2.1.1-1.-1.1. 1.2-1., 3-1'4-1.56: 1 2,ModifyingAbove and below Start 2 By 2 Matrix 1st Row 1st Column Bold tem 2nd Column Bold Billions of dollars 2nd Row 1st Column Start 6 By 1 Matrix 1st Row 1st Column Consumpt expenditure 2nd Row 1st Column Interest comma rent comma and profit 3rd Row 1st Column Investment 4st Row 1st Column Depreciation 5st Row 1st Column Government expenditure on goods and services 6st Row 1st Column Net exports of goods and services EndMatrik 2nd Column Start 6 By 1 Matrix 1st Row 1st Column 4 commalooo 2nd Row 1st Column 300 3rd Row 1st Column 1 comma 000 4st Row 1st Column 400 5st Row 1st Column 1 comma 000 6st Row 1st Column 200 EndMatris EndMatrix with brackets Billions of dollars Item 4,000 Consumption expenditure 300 Interest, rent, and profit 1,000 400 Government expenditure on goods and services 1,000Explanation / Answer
Gross domestic product is monetary value of good and services produced within a country for a given period of time.
It can be calculated as:
GDP= consumption+ government spendings + investment + net exports.
Total consumption = $4,000+300 +$400 (consumption expenditure+ rent, interest, profit +depreciation)
= $4700 +$1000+ $1000+ $200 = $6900
Correct option: E. $6,900
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