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In an economy, in a given year, C = $8,000, I = $3,500, Y = $13,000, EX = $3,000 and IM = $2,500, where C
In an economy, in a given year, C = $8,000, I = $3,500, Y = $13,000, EX = $3,000 and IM = $2,500, where C is consumption, I is investment, Y is GDP, EX is exports and IM is imports. How much is the government expenditure (G)? Question 3 options: a) $500 b) $1,000 c) $1,500 d) $2,000
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
