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The Nominal GDP of Canada in 2015 Was Approximately $1

Question 60

Multiple Choice

The nominal GDP of Canada in 2015 was approximately $1.99 trillion.This means that


A) the value of output in 2015 was around $1.99 trillion.
B) total income in 2015 was around $1.99 trillion.
C) total spending in 2015 was around $1.99 trillion.
D) All of the above are true.

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