Use the following table to answer the next question. The following national income data for an economy is in billions of dollars. Consumption = 5,100 Investment = 1,100 Government Taxes = 1,050 Government Purchases = 1,400 Exports = 950 Imports 850 Net foreign factor income = 20 %3D %3D %3D %3D %3D GDP for this economy is $7,700 billion $6,400 billion Os10,470 billion $8,500 billion

Q: The following table shows data on consumption, investments, exports, imports, and government…

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A: Given that, Income of Amy = $20,000Income of Betty =  $40,000Income of Charlie =  $60,000Income of…

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A: National income implies the worth of labour and products created by a country during a monetary…

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Q: of

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Q: Use data below to answer the following questions: Consumption expenditures $300 billion, Government…

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A: GIVEN   Consider each of the following items. Should it be counted as part of U.S. GDP

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Q: how much is GDP

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Q: Briefly describe the demirits of state enterprise in the field of national income?

A:

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