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In a Given Year, an Economy Has Consumption of $6000

Question 15

Multiple Choice

In a given year, an economy has consumption of $6000, investment of $4000, government purchases of $3500, exports of $1500, imports of $1600, taxes of $1200, transfer payments of $1400, and depreciation of $1300. What is the GDP?


A) $11,200
B) $13,400
C) $14,600
D) $17,300

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