The transactions in Jupiter last year are in the table given below. Item Dollars GDP 1400.000 Consumption
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Item Dollars
GDP ……………………………………1400.000
Consumption expenditure …………….. 700.000
Taxes …………………………………… 350.000
Transfer payments …………………….. 150.000
Profits …………………………………. 300.000
Investment ……………………………… 350.000
Exports …………………………………… 400.000
Saving …………………………………… 400.000
Imports …………………………………… 350.000
a. Calculate Jupiter’s aggregate expenditure.
b. Calculate Jupiter’s net exports.
c. Calculate Jupiter’s government expenditure.
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Related Book For
Macroeconomics Canada in the Global Environment
ISBN: 978-0321778109
8th edition
Authors: Michael Parkin, Robin Bade
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