Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Theme: Macroeconomics indicators. Task 1.1 Assume that GNP = 800000$. Consumer expenditures = 520000$. State expenditures = 180000$. Net exports = 1600$. Calculate: Gross investment

Theme: Macroeconomics indicators.

Task 1.1

Assume that GNP = 800000$. Consumer expenditures = 520000$.

State expenditures = 180000$. Net exports = 1600$.

Calculate:

  1. Gross investment
  2. Export = 7000 $. Import = ?
  3. Depreciation = 7500$. Net domestic product = ?

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

International Trade

Authors: John McLaren

1st edition

0470408790, 978-0470408797

More Books

Students also viewed these Economics questions

Question

explain nursing concept map example?

Answered: 1 week ago