Question
Given data below answer the question. DURABLE GOODS SERVICES $2,000 $4,000 BUSINESS PURCHASEES OF CAPITAL $ 200 FIXED INVESTMENT $ 600 EXPORTS IMPORTS $ 600
DURABLE GOODS SERVICES $2,000 $4,000 BUSINESS PURCHASEES OF CAPITAL $ 200 FIXED INVESTMENT $ 600 EXPORTS IMPORTS $ 600 $ 800 NONDURABLE GOODS INVENTORY INVESTMENT $ 500 $ 300 GOVERNMENT TRANSFER PAYMENTS $ 400 PURCHASES OF NEW RESIDENTIAL HOUSING $ 400 GOVERNMENT PURCHASES $ 900 a) FIND CONSUMPTION. b) INVESTMENT. c) NET EXPORT. d) GDP (USING EXPENDITURE APPROACH).
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a Consumption Consumption refers to the total spending by households on goods and services In this c...Get Instant Access to Expert-Tailored Solutions
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
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