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

Author Question: Which of the following components of GDP accounts for the bulk of national expenditures in the ... (Read 24 times)

humphriesbr@me.com

  • Hero Member
  • *****
  • Posts: 550
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

srodz

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

e


humphriesbr@me.com

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jun 30, 2018
Correct answers!


srodz

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

A mother Eastern Grey Kangaroo (Macropus giganteus) with her joey feeds in Murramarang National Park A mother Eastern Grey Kangaroo (Macropus giganteus) with her joey feeds in Murramarang National Park
Components of the transactional nature of stress Components of the transactional nature of stress
Video: Cellular defenses (natural killer cells, phagocyte types & process of phagocytosis)

For a complete list of videos, visit our video library