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    Macroeconomics Australia Study Set 1
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    Exam 5: GDP: a Measure of Total Production and Income
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    Gross Domestic Product Equals
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Gross Domestic Product Equals

Question 64

Question 64

Multiple Choice

Gross domestic product equals


A) Y = C + I + G - NX.
B) Y = C + I + G + NX.
C) Y = C - I + G + NX.
D) Y = C - I - G - NX.
E) Y = C + I - G + NX.

Correct Answer:

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