Question: Use the table below to answer the following question. Table 1 Government expenditures on goods and services $ 500 Wages, salaries, and supplementary labour income


Use the table below to answer the following question. Table 1 Government expenditures on goods and services $ 500 Wages, salaries, and supplementary labour income 2,000 Depreciation 400 Investment 400 Consumption expenditure 2.200 Net exports -50 Indirect taxes 150 Statistical discrepancy 0 4) Refer to Table 1. Net domestic income at market prices equals A) $2.650. B) $3.050. C) $3,150. D) $3.400. E) $4,650
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
