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Introduction to Economics 2
INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Determination of National Income soru cevapları
INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Determination of National Income soru detayı:
SORU:
Please formulate the real GDP in a close economy and excluding the government.
CEVAP:
According to the question, we exclude the government sector, export and import. Therefore the real GDP of this economy can be formulated as Y=C+I or Y=C+S.