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Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860 Exercise 9
Given the following data about the economy:
Profit
$ 268
Consumption
700
Investment
500
Government spending
300
Net exports
275
Rent
25
Depreciation
25
Net foreign factor income
3
Interest
150
Compensation to employees
1,329
a.alculate aggregate output (GDP) and aggregate income.
b.ompare the two calculations in a.hy are they not precisely equal
c.alculate GNP.
d.alculate NDP.
Profit
$ 268
Consumption
700
Investment
500
Government spending
300
Net exports
275
Rent
25
Depreciation
25
Net foreign factor income
3
Interest
150
Compensation to employees
1,329
a.alculate aggregate output (GDP) and aggregate income.
b.ompare the two calculations in a.hy are they not precisely equal
c.alculate GNP.
d.alculate NDP.
Explanation
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Macroeconomics 9th Edition by David Colander
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