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In an economy, in a given year, I = $48,000, G = $50,000 Y = $200,000, EX = $30,000 and IM = $35,000, where I
In an economy, in a given year, I = $48,000, G = $50,000 Y = $200,000, EX = $30,000 and IM = $35,000, where I is investment, G is the government expenditure, Y is GDP, EX is exports and IM is imports. What percentage of Y is consumption (C)? Question 5 options: a) 53.50 b) 50.53 c) 52.68 d) 68.52
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Managerial Economics
Authors: William F. Samuelson, Stephen G. Marks
8th edition
1118808940, 978-1119025900, 1119025907, 978-1119025924, 978-1118808948
