Assume the GDP for Lindellland is $500 billion. If investment spending is $100 billion, government spending is $100 billion, and net exports is (- $20), the consumer spending must be equal to $280 billion $300 billion O $320 billion $480 billion O $100 billion

Assume the GDP for Lindellland is $500 billion. If investment spending is $100 billion, government spending is $100 billion, and net exports is (- $20), the consumer spending must be equal to $280 billion $300 billion O $320 billion $480 billion O $100 billion

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter19: The Macroeconomic Perspective

Section: Chapter Questions

Problem 1SCQ: Country A has export sales of 20 billion, government purchases of 1,000 billion, business investment...

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Hello! I need the correct answer for the question attached. Thank you!

Assume the GDP for Lindellland is
$500 billion. If investment spending
is $100 billion, government spending
is $100 billion, and net exports is (-
$20), the consumer spending must
be equal to
O $280 billion
O $300 billion
O $320 billion
$480 billion
O $100 billion

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