During 2008, in an economy Flow B was $900 bllion, Flow C was $200 billion,

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During 2008, in an economy
€¢ Flow B was $900 bllion,
€¢ Flow C was $200 billion,
€¢ Flow D was $300 billion, and
€¢ Flow E was €“$70 billion.
Name the flows and calculate the value of
a. Aggregate income.
b. GDP.

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Macroeconomics Canada in the Global Environment

ISBN: 978-0321778109

8th edition

Authors: Michael Parkin, Robin Bade

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Question Posted: Dec 19, 2015 04:47 AM

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During 2008, in an economy Flow B was $900 bllion, Flow C was $200 billion,

Question:

HOUSEHOLDS GOVERNMENTS FACTOR MARKETS GOODS MARKETS REST OF WORLD FIRMS

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Flow A is aggregate income Flow B is consumption expenditure ...View the full answer

Macroeconomics Canada in the Global Environment

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