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USE THIS DATA FOR THE NEXT 3 QUESTIONS. REMEMBER what makes up the components of GDP. Durable Goods, 900 Services, 1200 Nonresidential construction, 300 Research
USE THIS DATA FOR THE NEXT 3 QUESTIONS. REMEMBER what makes up the components of GDP.
Durable Goods, 900 | Services, 1200 |
Nonresidential construction, 300 | Research & Development, 175 |
Federal purchases of goods, 500 | Imports, 650 |
Exports, 400 | Change in Business Inventories, -25 |
State & Local purchases of goods, 200 | Nondurable goods, 1000 |
Residential construction, 50 | Expenditures for Capital goods, 100 |
Depreciation, 150 | Tariffs, 50 |
Artistic, Literary, Entertainment Originals, 100 | Compensation for Employees, 2450 |
6A-B Show your work. Calculate Household Expenditures or Consumption (C).
6C-D. Show your work. Calculate Gross Private Domestic Investment (Ig).
6E. Show your work. Calculate Net Export (Xn).
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