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Sagot :
$800 billion Is the equilibrium real gross domestic product if initial equilibrium real gross domestic product is $500 billion.
What is gross domestic product?
GDP calculates the monetary value of the final goods and services, those purchased by the consumer produced in a nation during a specific time period. It accounts for all the output produced inside a nation's boundaries.
Thus, option B is correct.
For more details about gross domestic product, click here:
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