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6- Assume a small nation has the following statistics: its consumption expenditure is $15 million, investment is $2 million, government purchases of goods and services

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6- Assume a small nation has the following statistics: its consumption expenditure is $15 million, investment is $2 million, government purchases of goods and services is $1 million, exports of goods and services to foreigners is $1 million, and imports of goods and services from foreigners is $1.5 million. Calculate this nation's GDP. One day, Abu Bakar Enterprise collects RM400 for haircuts. Over this day, his equipment depreciates in value by RM50. Of the remaining RM350, Abu Bakar sends RM30 to the government in sales taxes, takes home RM220 in wages, and retains RM100 in his business to add new equipment in the future. From the RM220 that Abu Bakar takes home, he pays RM70 in income taxes. Based on this information, compute Abu Bakar's contribution to the following measures of income: a. Gross domestic product (GDP). b Net national product (NNP). C. National income. d. Personal income. e Disposable personal income

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