Specified the expenditure side of aggregate output

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Reference no: EM1374124

Specified the Expenditure Side of Aggregate Output in the Economy

1) Personal Consumption $200

2) Government Purchases 50

3) Gross Private Investment 40

4) Exports 30

5) Imports 40

a) Compute the Gross Domestic Product

b) Compute the Net Exports

c) Why only Final Sale Prices are included in the GDP?

Reference no: EM1374124

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