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In 2019, a country in MENA region recorded following macroeconomic information: Consumption Depreciation Retained earnings US$ 250 million 20 12 Gross investment 30 Imports
In 2019, a country in MENA region recorded following macroeconomic information: Consumption Depreciation Retained earnings US$ 250 million 20 12 Gross investment 30 Imports 70 Exports 120 Net foreign factor income 10 Government spending 85 a. How much is GDP? (1 mark) b. How much is net investment? (1 mark) C. How much is national income? (1 mark) d. If all prices were to tripled overnight, what would be the i. Change in real GDP? (1 mark) Change in nominal GDP? (1 mark) Note: SHOW all the necessary calculations, less marks will be given if you failed to show the calculation. Answer
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GDP is the gross domestic product and the output produced in the teritory of the country is called G...
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Taxation For Decision Makers 2014
Authors: Shirley Dennis Escoffier, Karen Fortin
6th Edition
978-1118654545
