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dex0388 dex0388
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A year ago
The Components of GDP

In a small economy, nominal GDP is $12,000.  Consumption spending is $8750, government purchases are $2100, and gross private domestic investment is $1800. What is the value of net exports?

▸ -$650

▸ $4850

▸ $16,850

▸ $650
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Macroeconomics

Macroeconomics


Edition: 3rd
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rick32rick32
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