In an open economy, GDP is $12 trillion this year. Consumption is $8 trillion, and government spending is $2 trillion. Taxes are $0.5 trillion. Exports are $1 trillion, and imports are $3 trillion. How much is investment spending?
A) $2 trillion
B) $3 trillion
C) $3.5 trillion
D) $4 trillion
Correct Answer:
Verified
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