Business
Business, 23.10.2019 03:00, sanociahnoel

Suppose that for the economy of utopia, we have the following information for 2018: consumption expenditures = $5,000; wages = $3,500; gross private domestic investment = $1,200; government expenditures = $2,000; exports = $900; imports = $1,100. using the expenditure approach what would the gross domestic product (gdp) be for utopia in 2018?

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