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The Nominal GDP of the U

Question 115

Multiple Choice

The nominal GDP of the U.S.in 2010 was approximately $14.6 trillion.This means that


A) the value of output in 2010 was around $14.6 trillion.
B) total income in 2010 was around $14.6 trillion.
C) total spending in 2010 was around $14.6 trillion.
D) all of the above are true.

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