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EXERCISE 2: Highland transactions last year were: Salaries paid to work 400,000 Consumption expense 350,000 Net taxes 125,000 Investment 150,000 Government purchases 130,000 Exports 120,000
EXERCISE 2: Highland transactions last year were: Salaries paid to work 400,000 Consumption expense 350,000 Net taxes 125,000 Investment 150,000 Government purchases 130,000 Exports 120,000 Savings 135,000 Imports 140,000 CALCULATE: a. Calculate GDP b. Did you use the expense approach or the income approach to make these calculations? c. How is the investment financed
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