Multiple Choice
Look at the following data: consumption = $715 billion; exports = $50 billion; imports = $83 billion; inventory investment = $125 billion; fixed investment = $400 billion; government purchases = $300 billion.GDP is equal to
A) $1,673 billion.
B) $1,466 billion.
C) $1,911 billion.
D) $1,507 billion.
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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