This topic contains a solution. Click here to go to the answer

Author Question: The Components of GDPIn a small economy, nominal GDP is $28,000. Gross private domestic investment ... (Read 93 times)

elarge

  • Full Member
  • ***
  • Posts: 130

Question 1

The Components of GDP

In a small economy, nominal GDP is $10,000.  Consumption spending is $6500, government purchases are $1100, and net exports are $400. What is the value of gross private domestic investment?
◦ -$2000
◦ $15,000
◦ $2000
◦ $5000

Question 2

The Components of GDP

In a small economy, nominal GDP is $28,000.  Gross private domestic investment is $12,000, government purchases are $5400, and net exports are -$1200. What is the value of consumption spending?
◦ $35,800
◦ $7800
◦ -$11,800
◦ $11,800


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by elarge on Nov 23, 2022

Karla347

  • Full Member
  • ***
  • Posts: 151
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




elarge

  • Member
  • Posts: 130
Reply 2 on: Nov 23, 2022
Wow, this really help


nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

For a complete list of videos, visit our video library