In hindaky econ year: economy. consider the following data for a given Consumption expenditure: $500 billion •Investment expenditure $200 billion Government expenditure $300 billion . • Experts: $100 billion •Income earned by household $800 billion . Value added by primary industries: $1,200 billion Calcutate the trade balance (a)-400 (b) S (C) -50 (d)700
In hindaky econ year: economy. consider the following data for a given Consumption expenditure: $500 billion •Investment expenditure $200 billion Government expenditure $300 billion . • Experts: $100 billion •Income earned by household $800 billion . Value added by primary industries: $1,200 billion Calcutate the trade balance (a)-400 (b) S (C) -50 (d)700
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 32P: In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million....
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