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Given the Following:

Government Expenditures - 300
GDP - 1000
Personal Income - 700
National Income - 800
Net Exports - 1
Net Domestic Products - 900
Personal Consumption - 500

The Gross Private Domestic Investment is $1,665.80 Billion Dollars.
Please Help

2006-08-03 05:36:00 · 1 answers · asked by Anonymous in Social Science Economics

1 answers

It's a two-step problem:

Net Private Domestic Investment = Gross Private Domestic Investment - Capital Consumption Allowance

You don't have a Capital Consumption Allowance, but:

Capital Consumption Allowance = Gross Domestic Product - Net Domestic Product

2006-08-03 06:18:19 · answer #1 · answered by NC 7 · 0 0

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