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Macroeconomics 12th Edition by Michael Parkin
Edition 12ISBN: 978-0133872279Macroeconomics 12th Edition by Michael Parkin
Edition 12ISBN: 978-0133872279 Exercise 4
The table in the next column lists some national accounts data for the United States in 2008.
a. Calculate U.S. GDP in 2008.
b. Explain the approach (expenditure or income) you used to calculate GDP.
a. Calculate U.S. GDP in 2008.
b. Explain the approach (expenditure or income) you used to calculate GDP.
Explanation
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In the question some National Account da...
Macroeconomics 12th Edition by Michael Parkin
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