Question

Consumption expenditures on goods and services $1,500
Total government spending on goods and services 590
Gross private domestic investment 355
Imports 50
Exports 70
Depreciation (capital consumption allowance) 200
Net U.S. income earned abroad -75

According to the above table, national income is

A) $2,190.

B) $2,550.

C) $2,465.

D) $2,750.

Answer

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