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Calculate national income and personal income

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Reference no: EM133331964

Questions

1. Write down the formulas to calculate national income, personal income and disposable income that you obtained from Chapter 5 in your textbook and compare them with the steps we used in the worksheet "example_income ?ow" in the folder of "Lecture Notes". Are there the same? If there is any difference, can you reconcile the differences?

2. Complete the exercises in file "ex_national income" in the folder of "in class exercise" and submit it.

Reference no: EM133331964

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