The table below shows the national income accounts for a hypothetical country, Cascadia. LA Cascadia's National...
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The table below shows the national income accounts for a hypothetical country, Cascadia. LA Cascadia's National Accounts (2022) LA Proprietors' incomes and rents. Personal consumption Imports Government purchases Exports Net investment Indirect taxes Depreciation Corporate income Wages and salaries Statistical discrepancy a. What is Cascadia's level of gross investment? $ b. What is the expenditure-based estimate of Cascadia's GDP? $ billion ($ billions) 235 billion 1,164 191 666 95 471 228 85 340 1,388 ? The table below shows the national income accounts for a hypothetical country, Cascadia. LA Cascadia's National Accounts (2022) LA Proprietors' incomes and rents. Personal consumption Imports Government purchases Exports Net investment Indirect taxes Depreciation Corporate income Wages and salaries Statistical discrepancy a. What is Cascadia's level of gross investment? $ b. What is the expenditure-based estimate of Cascadia's GDP? $ billion ($ billions) 235 billion 1,164 191 666 95 471 228 85 340 1,388 ?
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Related Book For
Microeconomics
ISBN: 978-0321866349
14th canadian Edition
Authors: Christopher T.S. Ragan, Richard G Lipsey
Posted Date:
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