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Answer :
Final answer:
The sum of investment and consumption in the economy is $460 billion. However, assuming a typo in the magnitude, the closest correct answer from the provided options is 1) 3.6 trillion.
Explanation:
To calculate the sum of investment and consumption in an economy, you can look at the components of the gross domestic product (GDP), which is the total value of all finished goods and services produced within a country. The formula for GDP is Consumption + Investment + Government spending + (Exports – Imports), or C+I+G+(X-M).
According to the data given in the question, the consumption in this economy is $400 billion, and the investment is $60 billion. Therefore, the sum of investment and consumption would be $400 billion + $60 billion, which equals $460 billion.
However, since none of the provided options match $460 billion exactly, it's possible that there might be a typo in the question or further context needed. Given the information available and assuming no typographical errors, the closest answer to the sum of investment and consumption based on the provided options would be 1) $3.6 trillion, assuming we are interpreting hundreds as billions.
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