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Chapter 23 /Measuring a Nation's Income ? 49

76. In the economy of Ukzten in 2010, consumption was $5000, exports were $100, government

purchases were $900, imports were $200, and investment was $1000. What was Ukzten’s GDP in 2010? a. $6700 b. $6800 c. $7000 d. $7200 ANS: B DIF: 2 REF: 10-3 NAT: Analytic LOC: The study of economics and definitions in economics TOP: GDP MSC: Applicative

77. In the economy of Ukzten in 2010, exports were $200, GDP was $2000, government pur-chases were $300, imports were $130, and investment was $400. What was Ukzten’s consumption in 2010? a. $970 b. $1230 c. $1370 d. $1630 ANS: B DIF: 2 REF: 10-3 NAT: Analytic LOC: The study of economics and definitions in economics TOP: Consumption MSC: Applicative

78. In the economy of Ukzten in 2010, exports were $500, GDP was $6400, government pur-chases were $1500, imports were $600, and investment was $2000. What was Ukzten’s consumption in 2010? a. $1800 b. $2800 c. $3000 d. $4000 ANS: C DIF: 2 REF: 10-3 NAT: Analytic LOC: The study of economics and definitions in economics TOP: Consumption MSC: Applicative

79. In the economy of Ukzten in 2010, consumption was $6000, exports were $1000, GDP was

$10,000, government purchases were $2000, and imports were $600. What was Ukzten’s investment in 2010? a. $1400 b. $1600 c. $2400 d. $3600 ANS: B DIF: 2 REF: 10-3 NAT: Analytic LOC: The study of economics and definitions in economics TOP: Investment MSC: Applicative

? 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

50 ? Chapter 23/Measuring a Nation's Income

80. In the economy of Ukzten in 2010, consumption was $3000, exports were $200, GDP was

$8000, government purchases were $1000, and imports were $600. What was Ukzten’s investment in 2010? a. $3200 b. $3600 c. $3800 d. $4400 ANS: D DIF: 2 REF: 10-3 NAT: Analytic LOC: The study of economics and definitions in economics TOP: Investment MSC: Applicative

81. In the economy of Ukzten in 2010, consumption was $3000, exports were $400, GDP was

$5000, imports were $600, and investment was $1100. What were Ukzten’s government purchases in 2010? a. $300 b. $500 c. $700 d. $1100 ANS: D DIF: 2 REF: 10-3 NAT: Analytic

LOC: The study of economics and definitions in economics TOP: Government purchases MSC: Applicative

82. In the economy of Ukzten in 2010, consumption was $4000, exports were $800, GDP was

$9500, imports were $200, and investment was $1000. What were Ukzten’s government purchases in 2010? a. $3700 b. $3900 c. $5100 d. $5500 ANS: B DIF: 2 REF: 10-3 NAT: Analytic

LOC: The study of economics and definitions in economics TOP: Government purchases MSC: Applicative

83. In the economy of Ukzten in 2010, consumption was $200, exports were $50, GDP was

$325, government purchases were $100, imports were $125, and investment was $100. What were Ukzten’s net exports in 2010? a. -$75 b. -$50 c. $50 d. $75 ANS: A DIF: 2 REF: 10-3 NAT: Analytic LOC: The study of economics and definitions in economics TOP: Net exports MSC: Applicative

? 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.