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Question: ECON 201 Macroeconomics Ch. 7 Homework #2-Measuring Domestic Output and National Income Personal consumption expenditures Net foreign factor income Transfer payments Statistical discrepancy Consumption of fixed capital (depreciation) Social Security contributions 27 Proprietors income Net exports Taxes on production and imports Undistributed corporate

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a) Expenditure approach  = C + I + G + X - M 1)  personal consumption expenditure   = 245  2)  Gross private domestic investment  = net private domestic investment + depreciation                                                            =  33  …

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