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Question 3. National income accounting A country's consumption is $90, the government spends $30, investment is $20, and exports are $35. The wages are 80,

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Question 3. National income accounting A country's consumption is $90, the government spends $30, investment is $20, and exports are $35. The wages are 80, the capital payments 45. The population paid 15 in indirect (sales) tax. The country loses 18 to depreciation. The net foreign factor income is 8. (a) Find the country's national income. Show work (b) Convert the national income to GDP. (c) Find the imports. (d) The country above has $450 of capital and loses 4% of it to depreciation this year. Between this year and the next, how will the country's capital stock change? What will the country's capital be next year

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