Assume that GNP = 800000$. Consumer expenditures = 520000$. State expenditures = 180000$. Net exports = 1600$.
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Question:
Assume that GNP = 800000$. Consumer expenditures = 520000$.
State expenditures = 180000$. Net exports = 1600$.
Calculate:
- Gross investment
- Export = 7000 $. Import = ?
- Depreciation = 7500$. Net domestic product = ?
Expert Answer:
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