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QUESTION 15
Consider Country S: In 2019, Country S had $600 billion in consumption spending, $100 billion dollars in government
consumption, $250 billion in business investment, $80 billion in intermediate goods, $10 billion in exports, $20 billion in imports,
and collected $90 billion in taxes. Net factor paymets are $20 billion. Calculate the GNP/GNI of Country S in 2018:
a. $940 billion
b. $950 billion
c. $960 billion
d. $1,040 billion ($1.040 Trillion)
e. $1,050 billion ($1.050 Trillion)
f. $1,130 billion ($1.130 Trillion)
QUESTION 16
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