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30 August, 20:43

Consider the information about the economy of Pakistan. Note that the currency of Pakistan is the rupee. The government purchases: 2.80 trillions of rupees. Individuals consume: 10.50 trillions of rupees. Individuals save: 5.10 trillions of rupees. Businesses invest: 1.30 trillions of rupees. Foreigners spend: 0.64 trillions of rupees to purchase Pakistani firms. Pakistan imports: 2.09 trillions of rupees. Pakistan exports: 1.30 trillions of rupees.

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  1. 30 August, 20:58
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    Pakistan's GDP is 13.81 trillions of rupees.

    Explanation:

    GDP = C + I + G + NX

    Here:

    C = 10.50

    I = 1.30

    G = 2.80

    NX = (1.30 - 2.09) = - 0.79

    GDP = 10.50 + 1.30 + 2.80 - 0.79

    GDP = 13.81
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