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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?
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