If during 2010, the Republic of Sildavia recorded investment spending of $3 billion, government purchases of $3 billion, consumer spending of $7 billion, imports of $5 billion, government transfers of $1 billion, and exports of $3 billion. In billions of dollars, what was Sildavia's GDP in 2010?

If during 2010, the Republic of Sildavia recorded investment spending of $3 billion, government purchases of $3 billion, consumer spending of $7 billion, imports of $5 billion, government transfers of $1 billion, and exports of $3 billion. In billions of dollars, what was Sildavia's GDP in 2010?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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If during 2010, the Republic of Sildavia recorded investment spending of $3 billion, government
purchases of $3 billion, consumer spending of $7 billion, imports of $5 billion, government transfers
of $1 billion, and exports of $3 billion. In billions of dollars, what was Sildavia's GDP in 2010?

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