Use the following figure, which illustrates the circular flow model, to work Problem. 11eb8296_44eb_c819_8eeb_651d67d58db2_SM2864_00 During 2009, flow A was $13.0 trillion, flow B was $9.1 trillion, flow D was $3.3 trillion, and flow E was -$0.8 trillion. Calculate the 2009 values of a. GDP. b. Government expenditure.

Macroeconomics 11th Edition by Michael Parkin

النسخة 11الرقم المعياري الدولي: 9780133423884

Macroeconomics 11th Edition by Michael Parkin

النسخة 11الرقم المعياري الدولي: 9780133423884

تمرين 12

Use the following figure, which illustrates the circular flow model, to work Problem.

During 2009, flow A was $13.0 trillion, flow B was $9.1 trillion, flow D was $3.3 trillion, and flow E was -$0.8 trillion.
Calculate the 2009 values of
a. GDP.
b. Government expenditure.

التوضيح

موثّق

Given facts are:
During 2009, in an eco...