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Below is a national income statement for the economy: Indirect taxes (net of subsidies) $40 Corporate profit taxes 26 Government transfer payments 34 Net exports
Below is a national income statement for the economy:
Indirect taxes (net of subsidies) | $40 |
Corporate profit taxes | 26 |
Government transfer payments | 34 |
Net exports | 50 |
Undistributed corporate profits | 22 |
Government purchases of goods and services | 148 |
Depreciation | 53 |
Consumption Expenditures | 350 |
Net foreign factor income | 10 |
Gross investment | 88 |
Refer to the national income statement above to answer this question. What is the gross domestic product for this economy?
a.$584
b.$592
c.$609
d.$636
e.$623
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