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Gross domestic product equals
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Assignment Help >> Business Economics

Gross Domestic Product equals \$1.2 trillion. If consumption equals \$690 billion, investment equals \$200 billion, and government spending equals \$260 billion, then:

a) exports exceed imports by \$150 billion.

b) imports exceed exports by \$50 billion.

c) exports exceed imports by \$50 billion.

d) imports exceed exports by \$150 billion.

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