Which was more than offset by the investment

Reference no: EM133390452

Question: Over the year, the country's workers earned 50 in wages. Further, 5 came in net labor and capital payments from abroad. The population consumed 70, and the government spent 35. The depreciation was 20, which was more than offset by the investment of 25. The indirect taxes added up to 15. Imports exceeded exports by 10.

In your written work, set up the expenditure and the national income equations.

Plug in the values from the prompt.

Use them to find the capital income (same as the rent).

Reference no: EM133390452

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