Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

To which component of US GDP expenditure does each of the following belong to? (Net exports, Investments, government purchase, consumption, or none of the above

To which component of US GDP expenditure does each of the following belong to? (Net exports, Investments, government purchase, consumption, or none of the above )

1. Desktops made in the US exported to Canada

2. wages paid to the government employees

3. Cheese and ham you buy at a grocery store to bake pizzas at home

4. Money deposited into a checking account

5. A used car you purchased this year

6. New machines purchased by firms

7. Chips bought by a factory for making laptops

8. A public school built by the government

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

Macroeconomics

Authors: Charles I. Jones

3rd edition

978-0393123944, 393123944, 393923908, 978-0393923902

More Books

Students also viewed these Economics questions

Question

Explain the importance of Human Resource Management

Answered: 1 week ago

Question

Discuss the scope of Human Resource Management

Answered: 1 week ago

Question

Discuss the different types of leadership

Answered: 1 week ago

Question

Write a note on Organisation manuals

Answered: 1 week ago