QUESTION 2 Using the expenditure approach, calculate the national income from the figures below. Subsidies Government sp
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QUESTION 2 Using the expenditure approach, calculate the national income from the figures below. Subsidies Government sp
QUESTION 2 Using the expenditure approach, calculate the national income from the figures below. Subsidies Government spending Indirect taxes consumption exports Net factor payments imports depreciation Investment spending (b) How is economic growth calculated? 8000 45000 18000 50000 20000 9000 10000 8000 48000 (2) [10]