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Assume That Household Consumption Is $500 Billion,gross Private Domestic Investment

Question 59

Multiple Choice

Assume that household consumption is $500 billion,gross private domestic investment is $300 billion,government investment is $40 billion,and net exports are -$10 billion.The GDP is:


A) $850 billion.
B) $830 billion.
C) $890 billion.
D) $800 billion.
E) indeterminate as not enough information is provided.

Correct Answer:

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