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Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 15
Use the following data to calculate aggregate expenditure and imports of goods and services.
Government expenditure: $20 billion
Aggregate income: $100 billion
Consumption expenditure: $67 billion
Investment: $21 billion
Exports of goods and services: $30 billion
Government expenditure: $20 billion
Aggregate income: $100 billion
Consumption expenditure: $67 billion
Investment: $21 billion
Exports of goods and services: $30 billion
Explanation
Verified
Verified
GDP is the gross domestic product. The G...
Macroeconomics 11th Edition by Michael Parkin
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