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In a Small Economy,consumption Spending Is $6,000,government Spending Is $1,200,gross

Question 212

Multiple Choice

In a small economy,consumption spending is $6,000,government spending is $1,200,gross investment is $1,500,exports are $2,000,and imports are $1,000.What is gross domestic product?


A) $9,700
B) $9,800
C) $10,800
D) $11,700

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