Social Studies, 03.12.2020 19:20 brooke1897
Expenditure Model of Gross Domestic Product (GDP)
GDP = consumer spending + government spending + investment + (Y - Z)
What is another term for (Y - Z) in the formula?
A. Debt service
B. Net exports
C. Net imports
D. Tax revenue
Answers: 1
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Expenditure Model of Gross Domestic Product (GDP)
GDP = consumer spending + government spending + i...
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