4 PFind the consumption for a country if the GDP is $700 million, investment =$300 million; government spending is $140million;export is $20million and import is $44 mllion.$328million$284 million$504 million$196 million

Gross domestic product (GDP): - GDP is the market value of all final goods and services produced in…

Find the consumption for a country if the GDP is $700 million, investment =$300 milion; government spending is $140milion; export is $20million and import is $44 million. O 328milion O s284 million $504 million $196 million

Find the consumption for a country if the GDP is $700 million, investment =$300 milion; government spending is $140milion; export is $20million and import is $44 million. O 328milion O s284 million $504 million $196 million

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter15: Measuring A Nation's Income

Section: Chapter Questions

Problem 5CQQ

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4 P
Find the consumption for a country if the GDP is $700 million, investment =$300 million; government spending is $140million;
export is $20million and import is $44 mllion.
$328million
$284 million
$504 million
$196 million

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