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Calculate the GDP in various islands using the following numbers Please note all numbers are in $100 000...: Island Government purchases Durable and non-durable goods
- Calculate the GDP in various islands using the following numbers
Please note all numbers are in $100 000...:
Island | Government purchases | Durable and non-durable goods | Inventory left over | Investments | Imports | Exports | Household consumption | GDP= C+G+I+(X-M) |
A | 35 | 10 | 2 | 600 | 20 | 20 | 100 | |
B | 60 | 15 | 3 | 500 | 40 | 55 | 90 | |
C | 25 | 20 | 4 | 400 | 70 | 65 | 80 |
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