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Given the following data for an economy, compute the investment component of GDP: Consumption expenditures-1000Imports-600Government purchases-700Construction of new homes and flats-500Sales of existing homes and flats-600Exports-500Government payments to retirees-200Household purchases of durable goods-300Beginning-of-year inventories-500End-of-year inventories-600Business fixed investment-300 A- 300 B- 400 C- 800 D- 900 E- 1000
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