Multiple Choice
If nominal GDP in 1998 was $8.7599 trillion; gross private domestic investment spending was $1.5312 trillion; government purchases were $1.5297 trillion; exports were $.9663 trillion; and imports were $1.1159 trillion, the level of consumption expenditures would be
A) $5.8486 trillion.
B) $3.6168 trillion.
C) $5.5494 trillion.
D) $5.6990 trillion.
Correct Answer:

Verified
Correct Answer:
Verified
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