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    Principles of Macroeconomics
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    Exam 4: National Income Accounting
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    The Basic Definition of GDP Used in the Keynesian Framework
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The Basic Definition of GDP Used in the Keynesian Framework

Question 23

Question 23

Multiple Choice

The basic definition of GDP used in the Keynesian framework is:


A) GDP = C + I + S + X
B) GDP = C + I + G + X
C) GDP = C + I + G + NX
D) GDP = C + S + B + NX

Correct Answer:

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