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4. Suppose an economy had the following expenditures on goods and services: Consumption = 5000 (consisting of 3000 domestically produced new goods and 2000 imports)

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4. Suppose an economy had the following expenditures on goods and services: Consumption = 5000 (consisting of 3000 domestically produced new goods and 2000 imports) Government purchases = 2000 (all domestically produced) Investment = 1000 (all domestically produced) Exports = 1000 What is the GDP of this economy

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