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If the Total GDP in 2011 Was $1302 Billion, Where

Question 35

Multiple Choice

If the total GDP in 2011 was $1302 billion, where consumption expenditure equals $713 million, investment = $285 million, government = $308, the net exports would:


A) be 0.4% of the total GDP
B) equal $5 million
C) both a and b
D) have been negative as import spending is greater than export receipts

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