- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 10. Aggregate Output, Prices, and Economic Growth
- Subject 2. The Components of GDP and Related Measures
CFA Practice Question
What is the GDP in this example?
A. $780
B. $870
C. $865
Explanation: GDP is calculated here by summing personal consumption (200), gross private domestic investment (500), government consumption and investment (100 + 40), and net exports (exports (120) - imports (90)) = $870.
User Contributed Comments 3
| User | Comment |
|---|---|
| danlan2 | Should count net exports |
| ThePessimist | Must use expenditure method, since the problem doesn't provide enough info to use income method (e.g. rents, interest, etc.). |
| bidisha | Cgie |