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Amount Item (millions of dollars) Wages paid 800 Consumption spending 550 Net Taxes 150 Profits 140 Investment spending 110 Government spending 160 Exports 155 Imports
Amount Item (millions of dollars) Wages paid 800 Consumption spending 550 Net Taxes 150 Profits 140 Investment spending 110 Government spending 160 Exports 155 Imports 130 1) The table above shows some data for an economy from last year. Using this data, answer the following: a) What is the value of this country's GDP? b) What is the value of this country's national saving? c) Is this economy a lender or a borrower in international credit markets
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