Multiple Choice
Given the following hypothetical data, where C = $3,000; I = $1,200; G = $2,000; X − M = −$500; depreciation = $200; and transfer payments = $800, where C = consumption; I = investment; G = government purchases; X = exports; and M = imports, net domestic product (NDP) is _____
A) $5,500.
B) $5,700.
C) $6,200.
D) $6,400.
E) $6,900.
Correct Answer:
Verified
Correct Answer:
Verified
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