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If Depreciation = $479 Gross private domestic Investment (I) = $716 Government spending = $924 Imports = $547 Personal Consumption Expenditures = $2,966 Exports =

If

  • Depreciation = $479
  • Gross private domestic Investment (I) = $716
  • Government spending = $924
  • Imports = $547
  • Personal Consumption Expenditures = $2,966
  • Exports = $427

a.How big is the GDP?

b.How big is National Income?

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