The list below provides some national income figures for the country of Econoland. All figures are in
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The list below provides some national income figures for the country of Econoland. All figures are in millions of dollars.
a. Using the expenditure approach, what is the value of GDP for Econoland?
b. Using the income approach, what is the value of GDP?
c. What is the value of net domestic income at factor cost?
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