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The following table shows the composition of GDP in 2015 for a hypothetical country. Complete the table by recording values for GDP, residential investment,
The following table shows the composition of GDP in 2015 for a hypothetical country. Complete the table by recording values for GDP, residential investment, and net exports. (Enter your responses as integers and use minus signs if necessary.) 1 2 The Composition of GDP, 2015 GDP (Y) Consumption (C) Investment (1) Nonresidential Residential 3 Government spending (G) 4 Net exports Exports (X) Imports (IM) 5 Inventory investment Billions of Dollars 11,000 2,723 2,287 2,995 2,237 2,824 -72 k
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Calculation of the GDP Y using the formula Y C I G X M Given the values Consumption C 11000 billion ...
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
