If consumption expenditures are $100 million,net investment is $50 million,imports are $20 million,exports are $10 million,government spending on goods and services is $40 million,social security spending is $15 million,and sales of existing homes equals $40 million,then what is the measure of GDP?
A) GDP = $225 million
B) GDP = $180 million
C) GDP = $295 million
D) GDP = $195 million
Correct Answer:
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