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Business, 15.04.2020 01:04 hanjonez

Recall the components that make up GDP. National income (Y) equals total expenditure on the economy's output of goods and services. Thus, where C = consumption, I = investment, G = government purchases, X = exports, M = imports, and NX = net exports:

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Recall the components that make up GDP. National income (Y) equals total expenditure on the economy'...

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