1.4 During 2012, fl ow H was 130 billion, fl ow J was 91 billion, fl ow...

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1.4 During 2012, fl ow H was £130 billion, fl ow J was £91 billion, fl ow N was £33 billion, and fl ow R was -£8 billion.

Calculate the 2012 values of

(a) GDP and

(b) government expenditure. image text in transcribed

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Economics

ISBN: 9781118150122

10th European Edition

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

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