Answer: 4th option
Gross Domestic Product (GDP) is the sum total of consumption (C), investment (Ig), government spending (G), and, (Exports – Imports).
GDP = C + Ig + G + (Export – Import)
D Question 10 GDP is equal to: O C+ Ig+G+ (Imports - Exports) O C+Ig+G+ (Imports...
If the import of goods and services in US exceeds the exports, then: C+I+G > GDP (Y) OC+I+G = GDP (Y) O US Net Exports are positive. OC+I+G GDP (Y)
Table 20-2 GDP Domestic Expenditure Exports Imports Total Expenditures C + I + G + (X - IM) $650 650 650 $2,500 3,000 3,500 4,000 4,500 5,000 5,500 C+I+G $3,100 3,400 3,700 4,000 4,300 4,600 4,900 $250 300 350 400 450 500 In Table 20-2, what are net exports when GDP-3,500? O a. 400 PO b. 100 Doc.300 08.200
QUESTION 3 Tribons of dolers GDP Consumption Government spending Exports Imports Budget balance Given the values in the table, and assuming transfer payments trillion (Round to one decimal place.) , compute the value of private saving. Private saving QUESTION 4 Trons GDP Consumption Government pending Exports Imports Budget balance What is the value of national savings for the hypothetical economy whose data is given in the table? National Savings trillion.(Round to one decimal place.) 5 QUESTION 5 Tribons of dollars...
Question Help Exports and imports Increase The aporta el goods and worden decreased 0.1 percent in the first quarter of 2017, aterrang 6.2 percent in the preto que el mensal pote and services wereused 3.3 percent, ator tuting 30 percent in the previous quarter Explain how the changes in exports and imports reported hereinence the quantity of real GDP demanded and demand In which of the two quartiers reported sports and imports make the greater corbution to regate demand grown!...
Question 10 0.1 pts A country runs a trade surplus when their exports are their imports O different from equal to O smaller than larger than
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2018, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Data (Billions of dollars) Consumption (C) Investment (I) Exports (X) Imports (M) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) 13,948.5 3,650.1 2,531.3...
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2017, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Consumption (C) Investment (I) Exports (X) Imports (M) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) Data (Billions of dollars) 13,321.4 3,368.0 2,350.2...
QUESTIONS Trillions of dolars GDP Consumption Government spend Exports Imports Budget balance Given the values in the table, what must net capital inflow equal? Net capital inflow = $_ place.) trillion. (Round to one decimal QUESTION 6 GDP Consumption Government spending Exports Imports Budget balan Use the information in the table to compute Investment spending for that hypothetical economy. (You can either use the expenditures approach to GDP equation or apply the investment - Saving identity). Round to one decimal...
QUESTION 2 Trillions of dollars GDP Consumption Government spending Exports Imports Budget balance Refer to the table shown. How much tax revenue does the government collect? (Assume transfer payments are equal to zero) Tax revenue = $ __trillion. (Round to one decimal place.)
Net Exports is defined as: Select one: a. Imports minus exports b. Exports minus imports c. imports plus exports d. Exports plus imports ore. None of the above NA