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Business, 11.11.2019 22:31 gg808

In an open economy, gross domestic product equals $1,970 billion, government expenditure equals $300 billion, investment equals $500 billion, and net capital outflow equals $280 billion. what is consumption expenditure?

a. $280 billion
b. $780 billion
c. $890 billion
d. $1,170 billion

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