Multiple Choice
Given the following data, calculate the GDP. wages = $500 government spending = $2,500 private investment = $2,100
Rent = $100 consumer spending = $7,800 net exports = $400
A) GDP = $11,400
B) GDP = $12,000
C) GDP = $12,800
D) GDP = $13,000
Correct Answer:
Verified
Correct Answer:
Verified
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