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In a Small Economy,gross Investment Is $1,500,consumption Spending Is $6,000,net

Question 79

Multiple Choice

In a small economy,gross investment is $1,500,consumption spending is $6,000,net investment is $200,government spending is $1,500,exports are $2,000 and imports are $1,000.What is GDP for this economy?


A) $10,700
B) $10,300
C) $10,200
D) $10,000

Correct Answer:

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