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Suppose That Consumption Spending Is $4,200 Billion,spending on Durable Goods

Question 63

Multiple Choice

Suppose that consumption spending is $4,200 billion,spending on durable goods is $1,200 billion,and spending on services is $2,000 billion.What does spending on nondurable goods equal?


A) $7,200 billion
B) $1,000 billion
C) $2,200 billion
D) $3,200 billion
E) There is not enough information to answer this question.

Correct Answer:

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