Solved

If Consumption = $2,000, Investment = $600, Government Purchases =

Question 141

Multiple Choice

If consumption = $2,000, investment = $600, government purchases = $500, net exports = −$40, and transfer payments = $340, then _____

A) GDP = $2,720.
B) GDP = $3,060.
C) GDP = $3,140.
D) GDP = $3,400.
E) GDP = $3,340.

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