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Suppose That Nondurable Goods Spending Is $200 Billion,durable Goods Spending

Question 110

Multiple Choice

Suppose that nondurable goods spending is $200 billion,durable goods spending is $400 billion,new residential housing spending is $500 billion,and spending on services is $700 billion.What does consumption equal?


A) $600 billion
B) $1,100 billion
C) $1,800 billion
D) $1,300 billion
E) There is not enough information to answer this question.

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