Household Consumption $6,400 U.S. Exports $500 Government Spending $2,200 U.S. Imports $700 Private Sector Investment $1,600 Use the hypothetical data (in billions of dollars) shown in Table 1., nominal GDP is equal to Answers: A. $10,000 B. $10,200 C. $10,400 D. $10,700
Household Consumption $6,400 U.S. Exports $500 Government Spending $2,200 U.S. Imports $700 Private Sector Investment $1,600 Use the hypothetical data (in billions of dollars) shown in Table 1., nominal GDP is equal to Answers: A. $10,000 B. $10,200 C. $10,400 D. $10,700
Chapter4: The Aggregate Economy
Section: Chapter Questions
Problem 8E
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Household Consumption $6,400 U.S. Exports $500 Government Spending $2,200 U.S. Imports $700 Private Sector Investment $1,600 Use the hypothetical data (in billions of dollars) shown in Table 1., nominal |
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