If GDP = $1,000, government expenditure = $250, consumption = $500, net exports = $100 and the

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If GDP = $1,000, government expenditure = $250, consumption = $500, net exports = $100 and the budget deficit = $40, what is the value of disposal income? Show your work

I got 970 - is this correct?

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Posted Date: Feb 24, 2024 12:39 AM

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If GDP = $1,000, government expenditure = $250, consumption = $500, net exports = $100 and the

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Expert Answer:

Yes your answer of 970 is correct Heres how we can calculate disposable income Formula Disposab... View the full answer

Corporate Finance A Focused Approach

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