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 17 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
Thanks for the timely response, appreciate it

amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Thyroid conditions may make getting pregnant impossible.

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?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Geoffroy's tamarin (Saguinus geoffroyi), also known as the Panamanian, red-crested or rufous-na Geoffroy's tamarin (Saguinus geoffroyi), also known as the Panamanian, red-crested or rufous-na
Primates in the New World tend to be small-bodied compared to those elsewhere. Primates in the New World tend to be small-bodied compared to those elsewhere.
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
In The Gross Clinic (1875), by Thomas Eakins, Professor Samuel Gross’s team of surgeons cuts through In The Gross Clinic (1875), by Thomas Eakins, Professor Samuel Gross’s team of surgeons cuts through
Small intestine. Small intestine.
Skeletal Components of the Thorax Skeletal Components of the Thorax
Video: Dorsal Recumbent Position

For a complete list of videos, visit our video library