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Posted: **Wed Jul 06, 2022 6:33 pm**

: 5 A Gdp Captures All Income Created In The Economy Gdp Also Captures All Expenditures Made In The Economy Is The S 1 (39.27 KiB) Viewed 24 times

5. a) "GDP captures all income created in the economy; GDP also captures all expenditures made in the economy." Is the statement true or false? Briefly explain. (5 points) b) "Commercial banks make money by making money." Briefly explain the meaning of this statement. (5 points)