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Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895 Exercise 9
Suppose that this year a small country has a GDP of $100 billion. Also assume that I g = $30 billion, C = $60 billion, and X n = - $10 billion. How big is G?
A) $0.
B) $10 billion.
C) $20 billion.
D) $30 billion.
A) $0.
B) $10 billion.
C) $20 billion.
D) $30 billion.
Explanation
Verified
Verified
Use the GDP formula to solve f...
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
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