Question
The following is information for the economy of Bomber country: Rent $400 Savings $280 Wages 1000 Government Spending 450 Profits 200 Exports 190 Interest 150
The following is information for the economy of Bomber country:
Rent $400 Savings $280 Wages 1000 Government Spending 450 Profits 200 Exports 190 Interest 150 Imports 260 Taxes (HH only) 520 Investment 170 Transfer Payments 250
What are the values for the following?
The costs of production: Total factor payments: Disposable income: Aggregate expenditures: The total revenue of all businesses: Total injections and leakages (Hint: Use net tax revenue, which is taxes less transfer payments.) Injections: Leakages: The balance of trade (net exports): Government's budget surplus/deficit (Hint: use net tax revenue):
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Why Nations Fail The Origins Of Power, Prosperity, And Poverty
Authors: Daron Acemoglu, James Robinson
1st Edition
0307719227, 9780307719225
