Question

c. d. e. $50 $90 $100 S30 he Cored Solohon tho Please ovide ncome me Suppose the following data was reported for the economy of Maryhill ih 2014. Other factor incomes Indirect taxes Depreciation Wages, salaries, and supplementary labour income Consumption expenditure Government expenditure on goods and services Government transfer payments Net exports Subsidies Statistical discrepancy $570 230 250 350 1,400 500 50 40 What was the gross domestic product of Maryhill in 2014? a. $2,400 b. $1,920 c. $2,150 d. $1,940

Answer 1

GDP=consumption+investment+government expenditure+net exports

= 1400+500+40

= 1940

option(D)