Question: Use the table below to answer the following questions. Table 4.2.2 Item Dollars Government expenditures on goods and service $500 Wages, salaries, and supplementary labour
Use the table below to answer the following questions. Table 4.2.2 Item Dollars Government expenditures on goods and service $500 Wages, salaries, and supplementary labour income 2,000 Depreciation 500 Investment 400 Consumption expenditure 2,200 Net exports -150 Indirect taxes 150 Statistical discrepancy 0 7) Refer to Table 4.2.2. Net domestic income at market prices equals 7) _____ A) $3,250. B) $2,950. C) $3,050. D) $3,150. E) $2,450.
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