Credit Sprint / Practice problems / GDP from its components

GDP from its components practice problems

Macroeconomics Unit 2. Try each one, then open the worked solution. The Credit Sprint app generates unlimited new versions with fresh numbers.

Problem 1.

C = $620B, I = $190B, G = $160B, exports = $120B and imports = $160B. What is GDP?

Show solution

620 + 190 + 160 + (120 − 160) = $930B.

Problem 2.

C = $790B, I = $250B, G = $220B, exports = $140B and imports = $90B. What is GDP?

Show solution

790 + 250 + 220 + (140 − 90) = $1310B.

Problem 3.

C = $750B, I = $250B, G = $290B, exports = $140B and imports = $90B. What is GDP?

Show solution

750 + 250 + 290 + (140 − 90) = $1340B.

Problem 4.

C = $680B, I = $190B, G = $160B, exports = $80B and imports = $110B. What is GDP?

Show solution

680 + 190 + 160 + (80 − 110) = $1000B.

Problem 5.

C = $550B, I = $190B, G = $220B, exports = $50B and imports = $160B. What is GDP?

Show solution

550 + 190 + 220 + (50 − 160) = $850B.

Problem 6.

C = $510B, I = $210B, G = $240B, exports = $140B and imports = $100B. What is GDP?

Show solution

510 + 210 + 240 + (140 − 100) = $1000B.