This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Components of GDPIn a small economy, nominal GDP is $28,000. Gross private domestic investment ... (Read 73 times)

elarge

  • Full Member
  • ***
  • Posts: 130
on: Nov 23, 2022

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
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


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
Reply #1 on: Nov 23, 2022
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
:D TYSM

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Bayliss and Starling discovered the mechanism by which the small intestine and pancreas work togethe Bayliss and Starling discovered the mechanism by which the small intestine and pancreas work togethe
The immune system has several different components that work in concert. The immune system has several different components that work in concert.
Small Town USA: Struggling to Survive Small Town USA: Struggling to Survive
A cutaway of a small block Chevrolet V-8 showing the passage from the cylinder head through the ... A cutaway of a small block Chevrolet V-8 showing the passage from the cylinder head through the ...
Notice the small motor gear on the left drives a larger plastic gear (black), which then drives ... Notice the small motor gear on the left drives a larger plastic gear (black), which then drives ...
Nutrients Are Absorbed through the Small Intestine Nutrients Are Absorbed through the Small Intestine
Video: Appendicitis Animation

For a complete list of videos, visit our video library