Answer
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Step 1Solution:
Step 2: Understand the components of Gross Domestic Product (GDP).
GDP is a measure of an economy's total production and income. It includes the following components: - Personal consumption expenditures (C) - Gross private domestic investment (I) - Government spending (G) - Net exports (NX), which is exports (X) minus imports (M)
Final Answer
The option not included in GDP is h) Savings of consumers. However, savings can be calculated as a residual from the other components of GDP (equation [1] in the solution).
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