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Question 3 Use the following terms for this question: C = Consumption. | = Capital investment spending. G = Government spending. X = Exports of

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Question 3 Use the following terms for this question: C = Consumption. | = Capital investment spending. G = Government spending. X = Exports of goods and services. M = Imports of goods and services. BOP = Balance of Payments. GDP = Gross Domestic Product. NPV = Net Present Value. INF = Inflation. R = Real rate of return. The static equation for a country's GDP is: - A. GDP = C + I + G + X - M - (R - INF). B. GDP = C + I + G + X + M. C. GDP = C + I + G + X-M. D. GDP = C + I + X-M + R - INF. - (12 Marks)

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