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11. Gross Domestic Product (GDP) and Consumer Price Index (CPI)
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Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
11. Gross Domestic Product (GDP) and Consumer Price Index (CPI)
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10. Measuring National Output and Income / Calculating GDP Using the Income Approach / Problem 7
Problem 7
Which principle states that every dollar spent is earned by someone else in the economy?
A
Supply equals demand
B
Investment equals savings
C
Imports equal exports
D
Expenditures equal income
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