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Home Work 1 ECO 102 1. The following data is provided for a country purchase of goods and services in 2020 $400 million purchase of
Home Work 1 ECO 102 1. The following data is provided for a country purchase of goods and services in 2020 $400 million purchase of goods and services produced in 2019 $25 million construction of houses in 2020 $50 million spending on inventories and infrastructure in 2020 $20 million remittance sent abroad by foreign workers in the country in 2020 $20 million salary for government officials in 2020 $10 million Korean investment in RMG sector in 2020 $2 million investment by the country's companies abroad in 2020 $1 million pension of retired government officials in 2020 $0.3 million unemployment benefits in 2020 $6 million remittance from the country's workers in 2020 $3 million Exports 2020 $11 million Imports 2020 $7 million Based on the table answer the following questions: a. How much is the consumption (C) in 2020? b. What is the net export of 2020? c. How much is the investment (I) in 2020? d. How much is the GDP in 2020
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