Calculate GDP in this simple economy: Consumer purchases: $100 per year Investment purchases: $50 per year Government

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Calculate GDP in this simple economy:
Consumer purchases: $100 per year
Investment purchases: $50 per year
Government purchases: $20 per year
Total exports: $50 per year
Total imports: $70 per year

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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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Question Posted: Nov 24, 2015 08:49 AM

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Calculate GDP in this simple economy: Consumer purchases: $100 per year Investment purchases: $50 per year Government

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Modern Principles of Economics

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