Variable GDP Consumption Investment Government purchase Data 42615 12215 12363

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Variable
GDP
Consumption
Investment
Government purchase
Import
Export
Government tax revenue
Government budget surplus
Government budget deficit
Data
42615
12215
12363
8870
6840
233
Given the information provided in the table above, calculate the percentage of GDP that becomes the government's tax revenue.
Transcribed Image Text:Variable GDP Consumption Investment Government purchase Import Export Government tax revenue Government budget surplus Government budget deficit Data 42615 12215 12363 8870 6840 233 Given the information provided in the table above, calculate the percentage of GDP that becomes the government's tax revenue.
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