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 26 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?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

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.

White fallow deer near Argonne National Labs in Westmont Illinois, USA. White fallow deer near Argonne National Labs in Westmont Illinois, USA.
Specimen in the Doñana National Park Specimen in the Doñana National Park
Components of a Sarcomere Components of a Sarcomere
Components of the transactional nature of stress Components of the transactional nature of stress
Video: Coronary Heart Disease

For a complete list of videos, visit our video library