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Consider an economy in which GDP is $7.2 trillion,

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Consider an economy in which GDP is $7.2 trillion, public saving is;-$0.5 trillion (yes, it is a negative number), taxes are $0.8 trillion, private saving is $3.0 trillion, export is $0.4 trillion, and import is $0.5 trillion. Calculate consumption, government purchases, national saving, and investment. Please show all work.

 

Paper#32892 | Written in 18-Jul-2015

Price : $22
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