Suppose in the economy of Richlandia the GDP in 2021 was $ 150 billion.  Also, assume that gross investments was $ 40 billion, personal consumption expenditure was $ 80 billion and net exports was -20 billion.    What was the value of government spending in Richlandia in 2021?   A. $ 0    B. $ 10 billion   C. $ 50 billion   D. $ 30 billion

ENGR.ECONOMIC ANALYSIS
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  1. Suppose in the economy of Richlandia the GDP in 2021 was $ 150 billion.  Also, assume that gross investments was $ 40 billion, personal consumption expenditure was $ 80 billion and net exports was -20 billion.    What was the value of government spending in Richlandia in 2021?

      A.

    $ 0 

      B.

    $ 10 billion

      C.

    $ 50 billion

      D.

    $ 30 billion

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