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The following information is available for economic activity for year 1: In billions Financial transactions $60 Second-hand sales 50 Consumption by households 40 Investment by
The following information is available for economic activity for year 1:
In billions
Financial transactions $60
Second-hand sales 50
Consumption by households 40
Investment by businesses 30
Government purchases of goods and services 20
Net exports 10
What amount is the gross domestic product for year 1?
In billions
Financial transactions $60
Second-hand sales 50
Consumption by households 40
Investment by businesses 30
Government purchases of goods and services 20
Net exports 10
What amount is the gross domestic product for year 1?
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Business Statistics
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
3rd Edition
978-0321944726, 321925831, 9780321944696, 321944720, 321944690, 978-0321925831
