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Other Measures of Total Production and Total Income
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Problem 10
Other Measures of Total Production and Total Income
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11. Gross Domestic Product (GDP) and Consumer Price Index (CPI) / Other Measures of Total Production and Total Income / Problem 6
Problem 6
If total expenditures in an economy are \$500 billion, what should the National Income theoretically be?
A
\$250 billion
B
\$1 trillion
C
\$750 billion
D
\$500 billion
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