1.3 During 2011, fl ow J was 90 billion; fl ow K was 20 billion; fl ow...

Question:

1.3 During 2011, fl ow J was £90 billion; fl ow K was £20 billion;

fl ow N was £30 billion and fl ow R was -£7 billion.

Calculate the value of

(a) aggregate income and

(b) GDP. image text in transcribed

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

Question Posted: