Cyclical unemployment is at 4%.
Rent 30
Household consumption expenditure 1,500
Corpora...
Mathematics, 02.12.2020 14:00, payloo
Cyclical unemployment is at 4%.
Rent 30
Household consumption expenditure 1,500
Corporate income taxes 80
Undistributed profits 20
Net exports 10
Dividends 40
Consumption of fixed capital (depreciation) 200
Interest 90
Indirect business taxes less subsidies 180
Compensation for employees 1,420
Government consumption expenditure 400
Proprietors’ income 100
(a) Calculate the income-based GDP.
(b) Calculate the expenditure-based GDP.
(c) Calculate investment.
(d) Calculate the recessionary gap.
Answers: 1
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