The figure shows the flows of expenditure and income on Lotus Island. In 2016, R was $7 billion; W was $39 billion; U was $10 billion; J was $20 billion; and Z was $7 billion. Calculate total expenditure and total income. Total expenditure is S billion. Total income is S billion.

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Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp
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The figure shows the flows of expenditure and income on Lotus Island.
In 2016, R was $7 billion; W was $39 billion; U was $10 billion; J was $20 billion; and Z was $7 billion
Calculate total expenditure and total income.
Total expenditure is $
billion.
Total income is $
billion.
Transcribed Image Text:The figure shows the flows of expenditure and income on Lotus Island. In 2016, R was $7 billion; W was $39 billion; U was $10 billion; J was $20 billion; and Z was $7 billion Calculate total expenditure and total income. Total expenditure is $ billion. Total income is $ billion.
HOUSEHOLOS
FINANCIAL
MARKETS
FACTOR
HARKETS
RESY
OF
WORLD
GOVEANHENTS
HARKETS
FIAMS
Transcribed Image Text:HOUSEHOLOS FINANCIAL MARKETS FACTOR HARKETS RESY OF WORLD GOVEANHENTS HARKETS FIAMS
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