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The Following Are National Income Account Data for a Hypothetical

Question 163

Multiple Choice

The following are national income account data for a hypothetical economy in billions of dollars: government purchases ($940) ; personal consumption expenditures ($4,920) ; imports ($170) ; exports ($133) ; gross investment ($640) .What is GDP in this economy?


A) $6,463 billion
B) $6,500 billion
C) $6,537 billion
D) $6,633 billion

Correct Answer:

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