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In the Basic Equation of National Income Accounting, GDP =

Question 2

Multiple Choice

In the basic equation of national income accounting, GDP = C + I + G + X - IM, the government directly controls _____ and influences _____ through fiscal policy.


A) G; C and I
B) T; G and C
C) C; X and M
D) I; G and T

Correct Answer:

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