Summarize the expenditures for the country of xyz

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The following data summarize the expenditures for the country of XYZ during 2003 in millions of alphabet, the currency of country XYZ.

Gross Private Domestic Investment

$300

Business Fixed Investment

$200

Change in Inventories

$100

Exports

$200

Imports

$200

Personal Consumption Expenditures

$800

Government Consumption Expenditures and Gross Investment

$500

Statistical Discrepancy

$10

Depreciation Expenditures

$50

a. Calculate net exports

b. Calculate GDP

c. Calculate national income

d. Assume that the GDP deflator is 120 and calculate real GDP for 2003.

Reference no: EM13899553

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