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2. (5 points) Choose two of the 4 Questions below and answer them. 1. What is the difference between the consumption expenditure and Investment Expenditure?

2. (5 points) Choose two of the 4 Questions below and answer them. 1. What is the difference between the consumption expenditure and Investment Expenditure? 2. name 3 activities where GDP cannot be accounted for. 3. what is the different between cross sectional and time series? provide examples. 4. Draw a basic circular flow chart showing the relation between a government and firm.

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