The Wakandan GDP for the year 2040 was $87,000. Government expenditures were $29,000 and investment was $6,000. They exported $15,000 worth of vibranium and imported $14,000 worth of coffee beans. If these are the only relevant transactions, what is the value of government spending?

The Wakandan GDP for the year 2040 was $87,000. Government expenditures were $29,000 and investment was $6,000. They exported $15,000 worth of vibranium and imported $14,000 worth of coffee beans. If these are the only relevant transactions, what is the value of government spending?

MACROECONOMICS FOR TODAY

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Chapter5: Gross Domestic Product

Section: Chapter Questions

Problem 11SQ

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Question

The Wakandan GDP for the year 2040 was $87,000. Government expenditures were $29,000 and
investment was $6,000. They exported $15,000 worth of vibranium and imported $14,000 worth of
coffee beans. If these are the only relevant transactions, what is the value of government spending?
Round to two decimal places. Do not enter the currency symbol, but enter the negative sign if
appropriate. If your answer is -$1.125, enter -1.13.
29,000

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