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If Consumption Expenditures Are $500 Million, Spending on Gross Investment

Question 10

Multiple Choice

If consumption expenditures are $500 million, spending on gross investment is $100 million, imports are $50 million, exports are $55 million, government spending on goods and services is $400 million, than GDP is


A) $790 million.
B) $905 million.
C) $1,005 million.
D) $1,010 million.

Correct Answer:

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