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The Country of Meritor Uses the Merit as Its Currency

question 120

Multiple Choice

The country of Meritor uses the merit as its currency. Recent national income statistics shows that it has GDP of 900 million merits, no government transfer payments, taxes of 320 million merits, a budget surplus of 70 million merits, and investment of 300 million merits. What is the sum of its consumption and government expenditures?


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