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If Personal Consumption Expenditures Are $1 Billion,government Purchases Are $2

Question 95

Multiple Choice

If personal consumption expenditures are $1 billion,government purchases are $2 billion,gross private domestic investments are $4 billion and net exports are $5 billion,then GDP is:


A) $12 billion
B) $8 billion
C) $7 billion
D) cannot be determined

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