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Zander buys $1,000 in U.S. Treasury bonds and spends $1,200 on new tires, which are produced domestically, for his car. How much is added to the U.S. GDP because of this?

Respuesta :

Answer:

Amount added in GDP = $2200.

Explanation:

Given:

Spend on treasury bond = $1,000

Spend on tires = $1,200

Find:

Amount added in GDP

Computation:

Amount added in GDP = Consumption + investment

Amount added in GDP = $1200+$1000

Amount added in GDP = $2200