Use the following data to calculate aggregate expenditure and imports of goods and services. Government expenditure:

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Use the following data to calculate aggregate expenditure and imports of goods and services.

■ Government expenditure: $20 billion

■ Aggregate income: $100 billion

■ Consumption expenditure: $67 billion

■ Investment: $21 billion

■ Exports of goods and services: $30 billion

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Economics

ISBN: 125380

10th Edition

Authors: Michael Parkin ,Robin Bade

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