Q.1 I. Explain the following identity: C+G+I+NX= Y = YD+ (TA – TR) = C + S+ (TA – TR) II. How is the above identity be used to measure GDP in Pakistan? III. What are the disadvantages of using the...


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Q.1<br>I.<br>Explain the following identity:<br>C+G+I+NX= Y = YD+ (TA – TR) = C + S+ (TA – TR)<br>II.<br>How is the above identity be used to measure GDP in Pakistan?<br>III.<br>What are the disadvantages of using the above identity to measure economic<br>development?<br>

Extracted text: Q.1 I. Explain the following identity: C+G+I+NX= Y = YD+ (TA – TR) = C + S+ (TA – TR) II. How is the above identity be used to measure GDP in Pakistan? III. What are the disadvantages of using the above identity to measure economic development?

Jun 08, 2022
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