Q. Mn logs sold logs at $1,500to Mn lumber
Mn lumber the sold as lumber for $4,000 to Mn Furniture to create 100 tables which sold for $70 every. How much GDP increase?
Q. C=50+0.6(Y-T)
I=10+0.1Y
G=100
net exports XM=0
T is taxes also Y is GDP, it says to find the equilibrium. But how would I find the points for the PPF?
Q. Should GDP take into account environmental issues, distributional issues also health also welfare issues? Explain.