Multiple Choice
Let C represent consumption expenditure, S saving, I gross private domestic investment, G government expenditure on goods and services, and NX net exports of goods and services. Then GDP equals
A) C + I + G + NX.
B) C + S + G + NX.
C) C + I + G - NX.
D) C + S + G - NX.
Correct Answer:
Verified
Correct Answer:
Verified
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