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If Consumption Expenditures Are $500 Million, Net Investment Is $100

Question 197

Multiple Choice

If consumption expenditures are $500 million, net investment is $100 million, depreciation equals $5 million, imports are $50 million, exports are $55 million, government expenditure on goods and services is $220 million, and government transfer payments are $20 million, then GDP is


A) $790 million.
B) $800 million.
C) $830 million.
D) $850 million.

Correct Answer:

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