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If Personal Consumption Expenditures Are $6 Billion, Government Purchases Are

Question 112

Multiple Choice

If personal consumption expenditures are $6 billion, government purchases are $10 billion, gross private domestic investments are $4 billion and net exports are $negative 3 billion, then GDP is:


A) $23 billion
B) $20 billion
C) $17 billion
D) $16 billion
E) none of the above

Correct Answer:

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