Homework Answers
Consumption Expenditure = Consumption Expenditures + Household purchase of durable goods = 600+150= $750
Investment Expenditures = Construction of new homes +Change in inventory stocks + Business fixed investments = 100+25+100 =$225
Government Purchases = $75
Net Exports = Export – Import = (75-50) =$25
GDP = Consumption +Investment + Government Purchases + Net Exports
GDP = 750+ 225+75+ 25 = $1075
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GDP
Help Seve &B 4 Calculate the four components of aggregate expenditure and GDP for the...
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