Multiple Choice
In a given year, an economy has consumption of $7000, investment of $3000, government purchases of $2500, exports of $2500, imports of $1000, taxes of $1200, transfer payments of $1400, and depreciation of $1300. What is the GDP?
A) $10 100
B) $11 100
C) $12 400
D) $14 000
Correct Answer:
Verified
Correct Answer:
Verified
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