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Business, 22.02.2021 19:00 jalenclarke25
There is a single firm located in and producing (only) in country A. It pays its workers in country A $120, it pays shareholders within country A $30 of dividends and pays its shareholders in country B $20 dividends. It pays $5 of tax to the government. The firm uses $15 of imported intermediate goods. There is also a government in country A that hires teachers and pays them $40. The government collect taxes from both the single firm and consumers to finance its spending.
Required:
Please show your calculations to compute GDP using all approaches (product, income and expenditure).
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Answers: 2
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There is a single firm located in and producing (only) in country A. It pays its workers in country...
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