LL+ SAPLINGPLUS ACCESS MACRO 1TERM
4th Edition
ISBN: 9781319319007
Author: KRUGMAN
Publisher: MAC LTD
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Question
Chapter 7, Problem 6P
To determine
Concept introduction:
The formula to calculate the value of GDP is,
Here,
- C is consumption spending.
- I is investment spending.
- G is government purchases.
- X is export.
- M is import.
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Demand and supply function
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LL+ SAPLINGPLUS ACCESS MACRO 1TERM
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