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(Table 3: Macroeconomic Data for Country A, 2018) Table 3

Question 30

Multiple Choice

(Table 3: Macroeconomic Data for Country A, 2018) Table 3 provides data for country A for 2018. Use the data to determine the net taxes of country A in 2018.
 Table 3: Macroeconomic Data for Country A, 2018 (billions of dollars)   GDP  C  I  G  NX  T  Transfer  payments  Depreciation $1,200$700$200$350$50$320$100$30\begin{array}{l}\text { Table 3: Macroeconomic Data for Country A, } 2018 \text { (billions of dollars) }\\\begin{array}{|c|c|c|c|c|c|c|c|}\hline \text { GDP } & \text { C } & \text { I } & \text { G } & \text { NX } & \text { T } & \begin{array}{c}\text { Transfer } \\\text { payments }\end{array} & \text { Depreciation } \\\hline \$ 1,200 & \$ 700 & \$ 200 & \$ 350 & -\$ 50 & \$ 320 & \$ 100 & \$ 30 \\\hline\end{array}\end{array}


A) $420 billion
B) $220 billion
C) $290 billion
D) $190 billion

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