The figure shows the circular flow model. During 2020, flow A was $278 billion, flow B...
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The figure shows the circular flow model. During 2020, flow A was $278 billion, flow B was $158 billion, flow D was $56 billion, and flow E was $17 billion. Calculate GDP and government expenditure. >>> Answer to 1 decimal place. GDP is $ billion. Government expenditure is $ billion. A FACTOR MARKETS A HOUSEHOLDS FIRMS D B GOVERNMENTS GOODS MARKETS DOCE E REST OF WORLD The figure shows the circular flow model. During 2020, flow A was $278 billion, flow B was $158 billion, flow D was $56 billion, and flow E was $17 billion. Calculate GDP and government expenditure. >>> Answer to 1 decimal place. GDP is $ billion. Government expenditure is $ billion. A FACTOR MARKETS A HOUSEHOLDS FIRMS D B GOVERNMENTS GOODS MARKETS DOCE E REST OF WORLD
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