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1. Suppose you are given the following data for the economy of Xanadu. Government expenditure: $30 billion Aggregate income: $90 billion Consumption expenditure: $65 billion
1.Suppose you are given the following data for the economy of Xanadu.
Government expenditure: $30 billion
Aggregate income: $90 billion
Consumption expenditure: $65 billion
Investment: $15 billion
Exports of goods and services: $5 billion
question is: Calculate the following and show your work
a.Imports of goods and services
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