Homework Answers
1.
GDP in 2010=C+I+G+NX
=350+75+125+10
=$560
2.
Income approach
GDP = Compensation of employees+ rent+ interest+ profit+ Mixed income of self-employed+ depreciation
560= Compensation of employees +100+50+175+0+0
560= Compensation of employees+325
Compensation of employees=560-325
=$235
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Some one help me out with these questions please.
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Some one help me out with these questions please.
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