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(c) Suppose that real expenditures for a nation are as follows: Types of Expenditure Real consumption Real investment Real government Real imports Real exports Amount
(c) Suppose that real expenditures for a nation are as follows: Types of Expenditure Real consumption Real investment Real government Real imports Real exports Amount (RM) 12,000 9,000 6,000 1,500 800 Calculate the nation's levels of real income and absorption. (4 marks) . (ii) What is the nation's current account balance? (2 marks) (iii) If a nation faced with an economic downturn, the value of the nation's currency will definitely depreciates. Do you agree? Explain
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