consumption was $2B, investment $0.5B, government
purchases $3B, exports $1B, and imports $2B what
is the GDP?
The correct answer is b.
GDP = Consumption + Investment + Government Purchases + (Exports - Imports)
GDP = 2+0.5+3+(1-2) = $4.5B
Topic: CSC Volume 1 - Micro and Macroeconomics
The correct answer is A) In a Roth IRA, there is no required distribution date as there is in a traditional IRA.
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