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Calculate a. Fiscal Balance (assuming all investment is private investment) b. Capital Account Productive Activities Imports Factor income (Wages and Profits) Taxes net of
Calculate a. Fiscal Balance (assuming all investment is private investment) b. Capital Account Productive Activities Imports Factor income (Wages and Profits) Taxes net of Transfers and Factor income from abroad Net Unilateral Transfers Total Productive Activities 190 10 280 20 500 Households Government Investment 100 20 -170 10 -20 0 -60 50 0 -20 -30 0 0 0 60 50 110 Exports 100 0 -90 10 Total 500 80 0 0 -20 0 560
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ANSWER To calculate the fiscal balance we need to subtract total government revenue from total government expenditure a Fiscal Balance Government reve...Get Instant Access to Expert-Tailored Solutions
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