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The transactions in Ecolandia last year were: EXERCISE 1: Salaries paid to work 800,000 Consumption expense 600,000 Taxes 250,000 Transfers 50,000 Benefits 200,000 Investment 250,000
The transactions in Ecolandia last year were: EXERCISE 1: Salaries paid to work 800,000 Consumption expense 600,000 Taxes 250,000 Transfers 50,000 Benefits 200,000 Investment 250,000 Government purchases 200,000 Exports 300,000 Savings 300,000 Imports 250,000 CALCULATE: a. Calculate GDP b. Did you use the expense approach or the income approach to make these calculations? c. How is the investment financed
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