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Obtain data about 2012 gross domestic product at www.bea.gov to complete the table below. When completing this table, recall that Y = C + I
Obtain data about 2012 gross domestic product at www.bea.gov to complete the table below.
When completing this table, recall that Y = C + I + G + NX.
Use the most recent Consumer price Index reported by the Bureau of Labor Statistics.
GDP and Its Components
| Total (in billions of dollars) | Per Person (in dollars) | Percent of Total |
Gross Domestic Product, Y | | | |
Consumption, C | | | |
Investment, I | | | |
Government purchases, G | | | |
Net exports, NX | | | |
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Population of United States in 2012 3141 million Following is the complete table Tot...Get Instant Access to Expert-Tailored Solutions
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