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Business, 03.04.2020 05:02 sheila101

The table below contains data for country A for the year 2010.

Household purchases of durable goods $1293
Household purchases of nondurable goods $1717
Household purchases of services $301
Household purchases of new housing $704
Purchases of capital equipment $310
Inventory changes $374
Purchases of new structures $611
Depreciation $117
Salaries of government workers $1422
Government expenditures on public works $553
Transfer payments $777
Foreign purchases of domestically produced goods $88
Domestic purchases of foreign goods $120

a. What was country A’s GDP in 2010?
b. What was country A’s consumption in 2010?

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The table below contains data for country A for the year 2010.

Household purchases of du...
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