Question
The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investment ($320), imports ($40), exports ($55), personal
The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investment ($320), imports ($40), exports ($55), personal consumption expenditures ($2,460), and government purchases ($470). What is GDP in this economy?
Multiple Choice
- 3,265 billion
- 3,250 billion
- 3,290 billion
- 3,305 billion
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Climate Policy And Nonrenewable Resources The Green Paradox And Beyond
Authors: Karen Vollebergh, Rick Van Der Ploeg
1st Edition
0262319845, 9780262319843
