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Macroeconomics Unit 2 Practice Sheet1:GDP Practice- Identify if each is an example of consumer spending (C), investment spending (I), government spending (G), net exports (XN), or not counted. ) n the US GDP for the year 2020. 1. _XN_ A Canadian company buys an airpla. e.
If GDP isn’t adjusted for price changes, we call it nominal GDP. To compute real GDP in a given year, use the following formula: Real GDP = nominal GDP/(price index/100). To compute real output growth in GDP from one year to another, subtract real GDP for Year 2 from real GDP in Year 1.
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Unit 2 End_of_unit test Answers - Free download as PDF File (.pdf), Text File (.txt) or read online for free.
The disabled man was sleeping in his wheelchair when we . saw (see) him through his window. 1. Lucy sprained her ankle when she _____ (walk) to school. 2 . I was talking about my future career with my teacher when Betty _____ (enter) the room. 3
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