CFA Practice Question

There are 539 practice questions for this study session.

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
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