How much is the GDP?

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How much is the GDP?

If consumption is $3 trillion, investment is $800 billion, government spending is $1 trillion, imports are $1.2 trillion, and export are $900 billion, ho wmuch is the GDP?

2007-01-27 04:57:49 · 3 answers · asked by abraham h 1 in Social Science ➔ Economics

3 answers

4.5 Trillion.
GDP = C + G + I + (X-M)

2007-01-27 05:28:12 · answer #1 · answered by Giggly Giraffe 7 · 0⤊ 0⤋

I think all the costs of goods and services need to be calculated into the equation, even overseas investments, therefore"

Consumption + Government Spending + Investment + Imports - Exports + PetroDollars + EuroDollars = GDP

So about 4.5 trillion

2007-01-27 06:45:52 · answer #2 · answered by Mark T 6 · 0⤊ 0⤋

4.7 trillion?

2007-01-27 05:07:44 · answer #3 · answered by Camilo R 1 · 0⤊ 0⤋