Business, 18.11.2019 18:31, schnefai000

In a simple economy suppose that all income is either compensation of employees or profits. suppose also that there are no indirect taxes. all data are in billion dollars: category valueconsumption 4,500gross investment 1,200depreciation 655profits 655exports 500compensation of employees 5240government purchases 900direct taxes 750saving 546imports 550

find gdp using the

(a) expenditure

(b) income approach.

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In a simple economy suppose that all income is either compensation of employees or profits. suppose...