Question

In the economy of Mankewistan in 2015, consumption was $6000, exports were $1000, GDP was $10,000, government purchases were $1800, and imports were $1200. What was Mankewistan ’s investment in 2015?

Answer 1

$2,400

Step-by-step explanation:

We know that

GDP = Consumption + Investment + Government purchase + Net exports

where,

Net exports = Exports - imports

= $1,000 - $1,200

= -$200

Now the investment is

$10,000 =$6,000 + Investment + $1,800 - $200

$10,000 = $7,600 + Investment

So, the investment equal to

= $2,400