Multiple Choice
If consumption expenditures are $500, spending on fixed investment is $100, imports are $40, exports are $75, the capital consumption allowance is $25, government spending is $50, and inventories have fallen by $5, then Gross Domestic Product (GDP) is
A) $25 greater than NDP.
B) $20 greater than NDP.
C) $50 greater than NDP.
D) the same as NDP.
Correct Answer:
Verified
Correct Answer:
Verified
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