Worksheet 2 - Expenditure Names: Part I: Calculate GDP using expenditure Auto Industry: 150 Value of cars manufactured 120 Sold domestically 10 Sold internationally 5 Additional imported cars sold Government: 30 Spent on salaries 25 Unemployment checks issued 40 Military goods purchased (30 - imported, 10 - domestic) ____________C ___________I __________G Part II: Use BEA data to find the following: US Consumption:_________________________ US Investment: __________________________ US Government: _________________________ US Exports: _____________________________ US Net Exports: __________________________ US GDP: _____________________________ Use the most recent quarter's data (in $billions) Housing Industry: 200 Rent paid 350 Rental value - owner-occupied housing 50 New homes purchased 85 Older homes resold (at or below original value) Other: 220 Services paid for 60 Factories built 25 Estimated value - imported illegal drugs 10 Foreign tourism