1. From the table below, gross domestic product equals: a. $1,110 b. $1,265 c. $1,470 d. $1,695 Personal Income Taxes $130 Government Purchases of Goods and $150 Services Gross Private Domestic Investment $230 Net Interest $75 Sales Taxes $35 Net Exports of Goods and Services $55 Personal Consumption Expenditures Depreciation $725 $175
1. From the table below, gross domestic product equals: a. $1,110 b. $1,265 c. $1,470 d. $1,695 Personal Income Taxes $130 Government Purchases of Goods and $150 Services Gross Private Domestic Investment $230 Net Interest $75 Sales Taxes $35 Net Exports of Goods and Services $55 Personal Consumption Expenditures Depreciation $725 $175
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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