Question
The table shows some of the items in the U.S. National Income and Product Accounts in 2008 Item Amount (trillions of USD) Consumption expenditure 10.0
- The table shows some of the items in the U.S. National Income and Product Accounts in 2008
Item | Amount (trillions of USD) |
Consumption expenditure | 10.0 |
Government expenditure | 2.9 |
Indirect taxes less subsidies | 0.8 |
Depreciation | 1.9 |
Net factor income from abroad | 0.2 |
Investment | 2.1 |
Net exports | -0.7 |
Statistical discrepancy | 0 |
Use the expenditure approach to calculate U.S. GDP in 2008.
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International Political Economy
Authors: Thomas Oatley
6th Edition
1138490741, 9781138490741
