Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

subject : Macroeoconomics Question 2 Table below shows the national income data for country Oceania in 2019. Items $ (Million) Personal taxes 40 Exports 13

subject : Macroeoconomics

image text in transcribed
Question 2 Table below shows the national income data for country Oceania in 2019. Items $ (Million) Personal taxes 40 Exports 13 Government expenditu re 123 Private investment 15 Import 8 Transfer payment 21 Consumption expenditure 27'2 Based on the data given above, calculate: a) b) net exports. gross domestic product (GDP). Show your calculation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Reimagining Capitalism In A World On Fire

Authors: Rebecca Henderson

1st Edition

1541730151, 9781541730151

More Books

Students also viewed these Economics questions

Question

Distinguish between HRD and human resource management (HRM)

Answered: 1 week ago

Question

Define what the four-fifths rule is.

Answered: 1 week ago