Multiple Choice
Suppose the economy is closed and consumption is 8 million,taxes are 2 million,and government purchases are 1.75 million.If national saving amounts to 1.25 million,then what is GDP?
A) 9 million.
B) 9.5 million.
C) 13 million.
D) 11 million.
Correct Answer:
Verified
Correct Answer:
Verified
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