Question
1. In economics, we measure the size of an economy through GDP. Name two types of production which are not included in the measure of
| 1. In economics, we measure the size of an economy through GDP. Name two types of production which are not included in the measure of GDP. (1 mark) 2. The GDP of a country can be described by the equation: Y = C + I + G + X - M. What does each letter standard for? (1 mark) |
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Public Administration And Law
Authors: David H Rosenbloom, Rosemary O'Leary, Joshua M Chanin
3rd Edition
1439803986, 9781439803981
