Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 05, 2023

The table below shows the values for several different components of GDP. Composition of Gross Domestic Product Component $ Consumer durables Consumer nondurables Services

The table below shows the values for several different components of GDP. Composition of Gross Domestic Product Component $ Consumer durables Consumer nondurables Services Business fixed investment Residential fixed investment Inventories Value (billions of dollars) $1,341.1 2,660.2 8,136.8 2,865.0 584.5 97.6 Exports Imports Government purchases What is the value of total gross investment? Instructions: Round your answer to 1 decimal place. billion 2,362.9 2,914.3 3,221.2

Step by Step Solution

★★★★★

3.39 Rating (152 Votes )

There are 3 Steps involved in it

Step: 1

Total gross investment Business fixed investment Residential fixed ... 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

Step: 3

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

Statistics For Business And Economics

Authors: James T. McClave, P. George Benson, Terry Sincich

13th Edition

134506596, 978-0134506593

More Books

Students also viewed these Economics questions

Question

★★★★★

Total solar eclipses actually take place nearly as often as total lunar eclipses, but the former are visible over a much narrower path. Both the path width and the duration vary substantially from...

Answered: 1 week ago

Question

★★★★★

Cost of a packet of tea and a packet of one litre milk are Rs 20 and Rs 30 respectively. 10 cups of tea is made with one packet tea and for each cup 200 ml of milk is used. If tea is sold at 25%...

Answered: 1 week ago

Question

★★★★★

Calculate the anion gap for a 58 year old insulin dependent diabetic woman who is admitted to the emergency room in a comatose state Na-135mmol/L K= 3.5 mmol/L CI-102 mmol/L HCO3-= 15mmol/L. Include...

Answered: 1 week ago

Question

★★★★★

Resolve the earned value example of Table 10-1 by re-computing Figures (a) and (b) using the 0100%rule. Table 10-1 Earned Value Example (today is day 7) ActiityPredecessorDays Duation Budget, S...

Answered: 1 week ago

Question

★★★★★

Why has the number of redundancies increased in China in recent years?

Answered: 1 week ago

Question

★★★★★

What was the response rate? Was a follow-up done with nonrespondents? How did the respondents compare with the nonrespondents?

Answered: 1 week ago

Question

★★★★★

Zanda Drug Corporation buys three chemicals that are processed to produce two types of analgesics used as ingredients for popular over-the-counter drugs. The purchased chemicals are blended for two...

Answered: 1 week ago

Question

★★★★★

What is data warehouse in the context of accounting information systems? A . A special database for management reporting and business analytics B . A virtual warehouse for storing finished goods C ....

Answered: 1 week ago

Question

★★★★★

Read the attached T erm Sheet Negotiations . case study and compare the two term sheets. Provide detailed answers to the following questions: What are the main differences and similarities between...

Answered: 1 week ago

Question

★★★★★

cilavy x 1.lin partnerships the bonus for partner is allocation of income and not expenses Select one: True False 2. Ahmad an active partner receives an annual Bonus 25% of partnership net income...

Answered: 1 week ago

Question

★★★★★

On January 1 , Year 1 , Marino Moving Company paid $ 4 8 , 0 0 0 cash to purchase a truck. The truck was expected to have a four year useful life and an $ 8 , 0 0 0 salvage value. If Marino uses the...

Answered: 1 week ago

Question

★★★★★

FE/EIT - Static analysis of a wheel (spool) pulled by a rope (See spool dynamics in Hw 15.5). The figure to the right shows a rigid body B consisting of an axle and wheel. One end of a thin...

Answered: 1 week ago

Question

★★★★★

LMN makes hand embroidered sweatshirts to customer specifications. The following detail is available from the company's budget: Cost centre Overheads (RM) Activity Cutting and sewing 93,000 37,200...

Answered: 1 week ago

Question

★★★★★

ME296V HW1 Only neat individual work Prob.1 Find the steady state error value for G(s) = s+1 s+s+1 with a ramp input (10 pts) Prob.2 Find the open loop error transfer function for G(s) given in...

Answered: 1 week ago

Question

★★★★★

Gator Inc. reported taxable income of $1,550,000 this year and paid federal income taxes of $325,500. Included in the company's computation of taxable income is gain from the sale of a depreciable...

Answered: 1 week ago

Question

★★★★★

Since the UK Code of Corporate Governance was updated in 2018 there have been more major failings in how some large companies in the UK are managed. In 2020, FRC surprised that in many cases...

Answered: 1 week ago

Question

★★★★★

If you want to solve a minimization problem by applying the geometric method to the dual problem, how many variables and problem constraints must be in the original problem?

Answered: 1 week ago

Question

★★★★★

Refer to the Psychological Science (August 2011) study of fingerprint identification, Exercise 3.85. The study found that when presented with prints from the same individual, a fingerprint expert...

Answered: 1 week ago

Question

★★★★★

In each of the following instances, determine whether you would use a z- or t-statistic (or neither) to form a 95% confidence interval and then look up the appropriate z- or t-value. a. Random sample...

Answered: 1 week ago

Question

★★★★★

Refer to the study of runs scored in Major League Baseball games, Exercise 12.14. Multiple regression was used to model total number of runs scored (y) of a team during the season as a function of...

Answered: 1 week ago

Question

★★★★★

1. Conduct a simple replication of the better-thanaverage effect by surveying your classmates about how they rate themselves with regard to others on some characteristic. If possible do the same...

Answered: 1 week ago

Question

★★★★★

3. Are indigenous personalities really indigenous? For example, the Japanese culture includes the concept of amae described above. Do you think that amae also exists in other cultures, at least in...

Answered: 1 week ago

Question

★★★★★

1. Consider a hypothetical research study that you might like to conduct that would investigate gender differences of a particular behavior or psychological phenomenon. How would you conduct the...

Answered: 1 week ago

Previous Question Next Question