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The following is the information from the national income accounts for a hypothetical country:
GDP Rs. 6000.00
Gross Investment Rs. 800.00
Net Investment Rs. 200.00
Consumption Rs. 4000.00
Govt. purchases of goods & services Rs. 1100.00
Govt. Budget Surplus Rs. 30.00
What is a) NDP
b) Net exports
c) Govt. taxes minus transfers
d) Disposable personal income
e) Personal Saving.
Suppose that Michael and Dwight each have a $60 weekly entertainment budget. They pay the same prices for two goods, "an evening reading books" (an ERB) and "an evening of beer and
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Ask question #impotance of capital output ratio#
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