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  3. 8 use the following table to calculate gdp in this

8 Use the following table to calculate GDP in this economy Corporate Profits R D...

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8 Use the following table to calculate GDP in this economy Corporate Profits R D Government expenditure Proprietors Income Interest Taxes Net Foreign Factor Income Wages Rents Residential Investment Personal Saving Transfer Payment 400 40 400 50 70 300 30 1000 300 200 250 60 9 Why does GDP underestimate the actual amount of output produced in an economy

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