Practice prompt · Q:economics-and-market-foundations/reconcile-gdp-components-001

Reconcile expenditure GDP without booking revenue

Compute net exports and preserve the national accounts boundary.

Updated Aug 7, 2026 Review due Nov 7, 2026

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Consumption is 700, investment 180, government consumption and investment 220, exports 90, and imports 110. Which statement is controlled?

Choose the best answer. a Net exports are -20 and GDP is 1,080; the aggregate identity supplies neither entity revenue nor a welfare total. b GDP is 1,300 because imports and exports are both production benefits that must be added. c GDP is 1,080, so domestic companies should recognize 1,080 of revenue.

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Answer: a

Choice a. 700 + 180 + 220 + 90 - 110 = 1,080.