Question
The following are national income account data for a hypothetical economy in billions of rand: government purchases (R940); personal consumption expenditures (R4, 920); imports (R170);
The following are national income account data for a hypothetical economy in billions of rand: government purchases (R940); personal consumption expenditures (R4, 920); imports (R170); exports (R133); gross private domestic investment (R640). What is GDP in this economy?
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Economics A Contemporary Introduction
Authors: William A. McEachern
11th Edition
1305505468, 9781305505469
