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lvnrn2012 lvnrn2012
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2 years ago
The Components of GDP

In a small economy, nominal GDP is $28,000.  Gross private domestic investment is $12,000, government purchases are $5400, and net exports are -$1200. What is the value of consumption spending?

▸ $35,800

▸ $7800

▸ -$11,800

▸ $11,800
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Macroeconomics

Macroeconomics


Edition: 3rd
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OmfgtimmyOmfgtimmy
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