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Question 2 9 pts Fill in the following table. GNP Total Output Consumption Consumption Investment 100 Government Purchases In

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Answer #1

Answers to the blanks in an order is given below

1) consumption = 75

2) investment = 30

3) government purchases = 35

4) exports = 23

5) total output consumption = 420

6) consumption investment = 500

7) investment = 300

Note the identity used here is Y = C + I + G + X - M

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