Question: The transactions in Jupiter last year are in the table given below. Item Dollars GDP 1400.000 Consumption expenditure .. 700.000 Taxes 350.000 Transfer payments
The transactions in Jupiter last year are in the table given below.
Item Dollars
GDP ……………………………………1400.000
Consumption expenditure …………….. 700.000
Taxes …………………………………… 350.000
Transfer payments …………………….. 150.000
Profits …………………………………. 300.000
Investment ……………………………… 350.000
Exports …………………………………… 400.000
Saving …………………………………… 400.000
Imports …………………………………… 350.000
a. Calculate Jupiter’s aggregate expenditure.
b. Calculate Jupiter’s net exports.
c. Calculate Jupiter’s government expenditure.
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