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    GDP Determination

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    23) GDP may be found by:

    a) adding together $ spent on goods and services and incomes received by the factors of production
    b) subtracting incomes received by the factors of production from the $ spent on gooods and services
    c) subtracting the $ spent on goods and services from the incomes received by the factors of production
    d) adding the $ spent on final goods and services.

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    Solution Preview

    23) GDP may be found by:

    d) adding the $ spent on final goods and services

    "GDP is a measure of all the goods and ...

    Solution Summary

    GDP is briefly illustrated in this solution.

    $2.19