Assume That Net Exports Are -$340,private Investment Is $1500,tax Revenues

question 222

Multiple Choice

Assume that net exports are -$340,private investment is $1500,tax revenues are $800,government purchases are $2000,and GDP - using the expenditure approach - is $9,000.In this case,consumption expenditures must be

• A) $1,840
• B) $12,960
• C) $5,840
• D) $4,360
• E) $5,160

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