How impact markets firms and you as a business person

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Q. Suppose GDP is $ 8 trillion, taxes are $1.5 trillion, private saving is $ 0.5 trillion, and public saving is $0.2 trillion . Assuming this economy is closed, calculate consumption, government purchases , national saving, and Investment.

Q. Monopoly, monopolistic competition, pure competition, oligopoly. Give examples of these things and how do they impact markets, firms and you, as a consumer and/or as a business person?

Reference no: EM1360731

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