Question
An imaginary economy has government purchases of 3,500K, taxes of 2,200K, consumption of 9,000K, trade deficit of 200K, transfer payments of 750K, capital depreciation
An imaginary economy has government purchases of 3,500K, taxes of 2,200K, consumption of 9,000K, trade deficit of 200K, transfer payments of 750K, capital depreciation of 800K, and investment of 3,000K. GDP equals Select one: a. 34,450K. b. 12,550K. O. C. 15,300K. d. 25,700K.
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
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