Calculate the GDP using the data below (all figures are shown in millions) Personal Consumption = $50

Government Consumption = $20

Business Consumption = $80

Gross Investments = $100

MULTIPLE CHOICE >>

$150 million

$100 million

$250 million

$200 million

$250 million.

Explanation:

To calculate the GDP using the following data (Personal Consumption = $ 50, Government Consumption = $ 20, Business Consumption = $ 80 and Gross Investments = $ 100) the following calculation must be performed:

50 million + 20 million + 80 million + 100 million = X

250 million = X

Therefore, the GDP is $ 250 million.

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