Exhibit 11-1Use the information below to answer the following question(s).
National income accountBillions ofdollars
Personal consumption expenditures$900
Personal taxes 180
Government consumption and gross investment 300
Interest income 60
Exports 40
Imports 75
Depreciation 60
Gross private domestic investment 200
Refer to Exhibit 11-1. What is this country's gross domestic product?
A. $1,225.
B. $1,305.
C. $1,365.
D. $1,440.
Answer: C
Economics
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