Given the following data of a hypothetical economy (in billions of shillings) Shs. Exports Imports Consumers...
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Given the following data of a hypothetical economy (in billions of shillings) Shs. Exports Imports Consumers expenditure Gross domestic fixed capital formation Net property income from abroad Capital consumption allowance Government expenditure Solve for, i. Gross Domestic Product 11. 111. Gross National Products Net National Products 700 1,000 45,000 4,200 400 890 3,800 (3 marks) (2 marks) (2 marks) Given the following data of a hypothetical economy (in billions of shillings) Shs. Exports Imports Consumers expenditure Gross domestic fixed capital formation Net property income from abroad Capital consumption allowance Government expenditure Solve for, i. Gross Domestic Product 11. 111. Gross National Products Net National Products 700 1,000 45,000 4,200 400 890 3,800 (3 marks) (2 marks) (2 marks)
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i Gross Domestic Product GDP can be calculated by summing up all the components of e... View the full answer
Related Book For
Macroeconomics
ISBN: 978-1319120054
3rd Canadian edition
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
Posted Date:
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