Multiple Choice
If consumption expenditures are $120 million, net investment is $50 million, imports are $20 million, exports are $10 million, government spending on goods and services is $40 million, Social Security spending is $15 million, and sales of existing homes equals $40 million, then what is the measure of GDP?
A) GDP = $185 million
B) GDP = $200 million
C) GDP = $225 million
D) GDP = $195 million
Correct Answer:

Verified
Correct Answer:
Verified
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