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You are given the following data for the country of Cedar. Exports $90 Government spending $126 Consumption 325 Imports 78 Gross investment 112 Net Foreign
You are given the following data for the country of Cedar.
Exports | $90 | Government spending | $126 |
Consumption | 325 | Imports | 78 |
Gross investment | 112 | Net Foreign factor income | -8 |
Depreciation | 75 | Indirect taxes | 64 |
a) What is the value of GDP? b) What is the value of national income (net national product at factor costs)?
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