4. Suppose that this year a small country has a GDP of $100 billion. Also assume that...

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4. Suppose that this year a small country has a GDP of $100 billion.

Also assume that Ig = $30 billion, C = $60 billion, and Xn =

− $10 billion. How big is G? LO7.3

a. $0.

b. $10 billion.

c. $20 billion.

d. $30 billion.

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Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

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