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Annual GDP Change

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Caculate the total change in a years GDP:

On March 31, you decide to stop throwing away $50 a month on convenince store nachos. You buy $200 worth of equipment, corn meal, and cheese, and make your own nachos for the rest of the year.

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Solution Preview

If we assume the year to start on 1st January and end on 31st December, then you have already spent $50 per month for three months adding $50 x 3 = $150 to the year's ...

Solution Summary

This solution calculates the total change in a year's GDP.

$2.19
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7) What percentage contribution did net exports have on Real GDP growth?
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