Question
Using the expenditure approach and the information shown here, which of the following is the calculated GDP? Individual Purchases: $150billion Government purchases: $200billion Business investments:
Using the expenditure approach and the information shown here, which of the following is the calculated GDP?
Individual Purchases: $150billion
Government purchases: $200billion
Business investments: $300billion
Imports: $150 billion
Exports: $100billion
- $900 billion
- $850 billion
- $600 billion
- $750 billion
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The American Economy
Authors: Walter Greason, William Gorman
1st Edition
1524902675, 9781524902674
