Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

question macroeconomics 8 satements A-H words in the word bank please match the correct word to the correct statement . Categorize each item below as

question macroeconomics 8 satements A-H words in the word bank please match the correct word to the correct statement .

Categorize each item below as a component of Gross Domestic Product (GDP): consumption, investment, government purchases, and imports or exports.

Word Bank:

government purchases

consumption spending

exports

imports

investment spending

Categorize each item below as a component of Gross Domestic Product (GDP): consumption, investment, government purchases, and imports or exports.

a. A ticket to a local sporting event.______

b. A 55-cent taco._____

C. A public school teacher's salary.______

d. A dollhouse sold abroad. ______

e. A domestically manufactured business computer. ______

f. A domestically manufactured personal computer. ______

g. Ice cream. ______

h.Cab fare for personal use ______

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Marketing

Authors: Johny K Johansson

5th Edition

0073381012, 9780073381015

More Books

Students also viewed these Economics questions

Question

Pay him, do not wait until I sign

Answered: 1 week ago

Question

Speak clearly and distinctly with moderate energy

Answered: 1 week ago