Scenario 26-3. Assume the following information for an imaginary, open economy.
Consumption = $1,000; investment = $200; net exports = - $50; taxes = $230; private saving = $225; and national saving = $150.
Refer to Scenario 26-3. For this economy, GDP equals
A. $1,505.
B. $1,460
C. $1,480.
D. $1,455.
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