At the end of 2011 the Italian GDP amounted to $2,192.360 billion. Given that household consumption expenditure

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At the end of 2011 the Italian GDP amounted to $2,192.360 billion. Given that household consumption expenditure was $1,349.950 billion, planned investment spending was

$427.386 billion, and government final expenditure was $447.868 billion (source: WDI):

a) Calculate spending on net exports.

b) If Italian imports are valued at $664.993 billion, calculate the value of Italian exports.

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Macroeconomics Policy And Practice

ISBN: 9781292019598

2nd Global Edition

Authors: Frederic S Mishkin

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Question Posted: Nov 13, 2024 06:00 AM

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At the end of 2011 the Italian GDP amounted to $2,192.360 billion. Given that household consumption expenditure

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Macroeconomics Policy And Practice

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