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Assume That Household Consumption Is $500 Billion, Gross Private Domestic

Question 71

Multiple Choice

Assume that household consumption is $500 billion, gross private domestic investment is $300 billion, government investment is $40 billion, and net exports are -$10 billion. The GDP is:


A) $850 billion.
B) $830 billion.
C) $890 billion.
D) None of the above.

Correct Answer:

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