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- What is the process used to evaluate the net economic change brought about by an event?Which of the four macroeconomic targets can the graph above (showing the share of labour payments in GDP) give information about? Please explain why.The following table shows macroeconomic data for a hypothetical country. All figures are in billions of dollars.
- Potential GDP is ______$ Ss attachedMacroeconomics analyzes the growth in production, employment and income of a country in relation to the rhythm of the aggregate expenditure of the society and how it is affected by the particular problems of each yearGiven the following closed economy model: C = .8Yd + 800I = 1000 G = 6000 T = .25Y + 100 Yf = 21,000 The equilibrium level of GDP (Ye) will be: Use an integer value and no dollar sign.
