Calculated by the expenditure apporach

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Reference no: EM131112681

Assume net exports are -$220, consumption is $5000, tax revenues are $1000, government purchases are $1500, and 2008 GDP calculated by the expenditure apporach is $8000. We can conclude that________________________________.

A. Public investment was $1730

B. Private domestic investmaent was $1940

C. public investment was $310

D. Private domestic investment was $320

E. Private domestic investment was $1720

Reference no: EM131112681

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