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.
Correct Answer:
Verified
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