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Question 1

Consider the following table showing the breakdown of GDP (in billions) for Canada.

Wages and Salaries1600
Consumption1900
Investment700
Depreciation20
Government Expenditure400
Taxes400
Exports20
Imports10
Income receipts from rest of the world30
Income payment to rest of the world30

What are net exports for Canada?

 

Hint


Question 2

What is GDP for Canada?

 

Hint


Question 3

What is Net National Product (NNP) in Canada?

 

Hint


Question 4

What is Gross National Product (GNP) in Canada.

 

Hint


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