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book Macroeconomics 2nd Edition by Campbell McConnell ,Stanley Brue,Sean Flynn cover

Macroeconomics 2nd Edition by Campbell McConnell ,Stanley Brue,Sean Flynn

Edition 2ISBN: 978-0077416409
book Macroeconomics 2nd Edition by Campbell McConnell ,Stanley Brue,Sean Flynn cover

Macroeconomics 2nd Edition by Campbell McConnell ,Stanley Brue,Sean Flynn

Edition 2ISBN: 978-0077416409
Exercise 11
If in some country personal consumption expenditures in a specific year are $50 billion, purchases of stocks and bonds are $30 billion, net exports are -$10 billion, government purchases are $20 billion, sales of second-hand items are $8 billion, and gross investment is $25 billion, what is the country's GDP for the year?
Explanation
Verified
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GDP of that year is calculated...

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Macroeconomics 2nd Edition by Campbell McConnell ,Stanley Brue,Sean Flynn
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