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Assume that in some country that personal consumption expenditures in a specific year are $50 billion, purchases of stocks and bonds are $30 billion, net

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Assume that in some country that personal consumption expenditures in a specific year are $50 billion, purchases of stocks and bonds are $30 billion, net exports are -$10 billion, government purchases are $20 billion, sales of second-hand items are $8 billion, and gross investment is $25 billion. Using the expenditures approach, what is the country's GDP for the year? $85 billion. O $13 billion. O $95 billion. O $133 billion. Next >

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