Multiple Choice
Scenario 26-3.Assume the following information for an imaginary,open economy.
Consumption = $1,000;investment = $200;net exports = -$50;
taxes = $230;private saving = $225;and national saving = $150.
-Refer to Scenario 26-3.For this economy,GDP equals
A) $1,480.
B) $1,505.
C) $1,460
D) $1,455.
Correct Answer:
Verified
Correct Answer:
Verified
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