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Author Question: Which of the following components of GDP accounts for the bulk of national expenditures in the ... (Read 52 times)

humphriesbr@me.com

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on: Jun 30, 2018
Which of the following components of GDP accounts for the bulk of national expenditures in the United States?
 a. Government purchases
  b. Imports
  c. Consumption
  d. Investment
  e. Exports

Question 2

Consider a hypothetical economy, whose GDP was 10,000 . consumption equaled 9,800, investment equaled 125, goods exported equaled 255, and goods imported equaled 500, in 2010 . Calculate the government spending in this economy during the year.
 a. 120
  b. 380
  c. 245
  d. 200
  e. 320


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srodz

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

e


humphriesbr@me.com

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Reply #2 on: Jun 30, 2018
Correct answers!


srodz

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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