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Consider a Hypothetical Economy, Whose GDP Was $10, 000, Consumption

Question 29

Multiple Choice

Consider a hypothetical economy, whose GDP was $10, 000, consumption equaled $9, 800, investment equaled $125, goods exported equaled $255, and goods imported equaled $500, in 2010.Calculate the government spending in this economy during the year.


A) $120
B) $380
C) $245
D) $200
E) $320

Correct Answer:

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