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Question - Assume that GDP = 9,200, consumption = 5800, gross private domestic investment = 1,600, government purchases = 2,000. Which of the following is

Question - Assume that GDP = 9,200, consumption = 5800, gross private domestic investment = 1,600, government purchases = 2,000. Which of the following is true?

  1. Exports are greater than imports by 200.
  2. Depreciation is 200.
  3. The trade deficit is 200.
  4. Imports are greater than exports by 200.

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