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The following is information from the national income accounts for a hypothetical country:
GDP $6,000
Gross Investment 800
Net Investment 200
Consumption 4,000
Government purchases of goods and services 1,100
Government budget surplus 30
Show all work and formulas.
What is
a. NDP?
b. Net exports?
c. Government taxes minus transfers?
d. Disposable personal income?
e. Personal saving?
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