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Consumption expenditures therefore equals

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Reference no: EM132024610

Suppose that in a given country in a given year, GNP equals $2000, investment expenditures equal $200, government expenditures equal $150, and the current account surplus equals $50. Consumption expenditures therefore equals

A) $1,000.

B) $120.

C) $140.

D) $160.

E) $230.

Answer: D

Type: MC

Page Ref: 47-50

Why the answer is d?

Reference no: EM132024610

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