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Is anyone able to help me with these questions for my macroeconomic class? Thanks!!! Items Billions of Dollars Consumption of goods and services 500 Corporate

Is anyone able to help me with these questions for my macroeconomic class? Thanks!!!

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Items Billions of Dollars Consumption of goods and services 500 Corporate Income taxes 30 Corporate retained earnings 40 Depreciation allowances 85 Exports 220 Government expenditures on goods and services 200 Government Net Income transfers to Households 70 Gross Fixed Investment 150 Imports 210 Indirect taxes net of subsidies 100 Interest on government debt 25 Interest paid by producers in the production and service sectors 20 Net income from abroad 10 Non-cash Labour income 20 Personal income taxes 90 Rent of building and equipment 30 Total corporate profit 85 Total earned Labour income( including self employed wages, 530 Supplementary labour income and Farmers income) Total non-Corporate Profit (income from nonfarm unincorporated 35 business) Variation in the stock of inventories 15 Using the figures given in the previous table, answer the following questions. Justify your answers. a) (i) Calculate total government expenditures? (ii) Calculate total government revenues (ili) Is the government running a surplus, deficit, or balanced budget? b) (i), calculate GDP via the expenditures approach. (ii) Calculate National Income c) Calculate National Income via the income approach. Does this match with your answer to question (b) (ii)? d) Explain why your answers to questions c) and b (ii) should match each other. Cartago Research and Development, 10/3/2022 11:36 PM 2 Assignment 2. Introductory Macroeconomics. Fall 2022 , introductory macroeconomics assignment 2 Fall 2022 03/10/2022 11:36 PM e) What is the usefulness for economic policy of estimating GDP using the expenditure approach? f) (i) Calculate personal income (ii) Calculate disposable income (iii) Calculate personal savings

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