makenah6706 makenah6706

22-02-2024
Business

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Assume net exports are -$220, consumption is $5,000, tax revenues are $1,000, government purchases are $1,500, and 1997 GDP, calculated by the expenditures approach, is $8,000. We can conclude that
1) private investment was $1,940.
2) public investment was $310.
3) private investment was $320.
4) private investment was $1,720.

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