Multiple Choice
The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investment ($320) , imports ($35) , exports ($22) , personal consumption
Expenditures ($2,460) , and government purchases ($470) . What is GDP in this economy?
A) $3,250 billion
B) $3,263 billion
C) $3,237 billion
D) $3,290 billion
Correct Answer:
Verified
Correct Answer:
Verified
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Q217: Which of the following is an intermediate
Q218: By summing the dollar value of all
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Q224: The system that measures the economy's overall
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