Multiple Choice
Assume net exports are €-220, consumption is €5,000, tax revenues are €1,000, government purchases are €1,500, and 2010 GDP, calculated by the expenditures approach, is €8,000. We can conclude that
A) Private investment was €1,940.
B) Public investment was €310.
C) Private investment was €320.
D) Private investment was €1,720.
Correct Answer:
Verified
Correct Answer:
Verified
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