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27 August, 14:41

Calculate consumer spending given the following information:

GDP = $96 million

Government spending = $19 million

Financial investment spending = $12 million

Investment spending = $18 million

Net exports = $2 million

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Answers (1)
  1. 27 August, 15:10
    0
    AE or GDP = C + I + G + (X-M)

    Use this formula, try it out.
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