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“Print-and-Practice” CIRCULAR FLOW REVIEW Test

There is also a Multiple Choice PRACTICE ONLINE at  http://school.discovery.com/quizzes15/historyclassroom/Greenstuff.html

Gross Domestic Product is the dollar value of all goods & services produced in a country in one year’s time.

GDP=C+I+G+F

Gross Domestic Product = Consumer Expenditures + Business Investments + Government Spending + Net Foreign Trade   Answers are also on pages 14 + 71 of Greenstuff: The Money Book