What's the step by step solution?
Homework Answers
Correct Answer:
D
Working note:
Total private sector investment = Business fixed investment + increase in stocks in the inventory + construction of new homes and apartment
Total private sector investment = 450 + (200-100) + 1000
Total private sector investment = 1550
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What's the step by step solution?
1 / 1 point Question 29 Assume the following information...
Calculate the four components of expenditure and GDP for the following economy using data from the...
Calculate the four components of expenditure and GDP for the following economy using data from the table below Instructions: Enter your response as an integer value GDP Consumption expenditures Exports Government purchases of goods and services Construction of new homes and apartments Sales of existing homes and apartments Imports Beginning-of-year inventory stocks End-of-year inventory stocks Business fixed investment Government payments to retirees Household purchases of durable goods $600 $75 $200 $100 $200 $50 $100 $50 $100 $100 $150 Consumption expenditures:...
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I need a step by step solution of the following problem; (Figure 7-2: Expanded Circular-Flow Model) Government purchase...
I need a step by step solution of the following problem;
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Q8: Refer to the information provided in Table below to answer the question(s) that follow. $ Billions Non-durable goods 600 Exports 500 Imports 1200 municipalities purchase of goods 200 Government purchases of goods 150 Residential investment 500 Change in business inventories -100 800 Durable goods 250 Services 1) Personal consumption expenditures 2) The value for gross domestic investment 3) The value for net exports 4) The value of government spending 5) The value of gross domestic product (GDP).
I need a step by step solution of the following problem;
(Figure 7-2: Expanded Circular-Flow Model) Government purchases of goods and services = $200 Government borrowing = $70 Government $150 = Taxes Government transfers = $20 Private savings = $170 Consumer spending = $700 Households Wages, profit, interest, rent = $1,000 Markets for goods and services Factor markets Financial markets Gross domestic product Wages, profit, interest, rent - $1,000 Borrowing and stock issues by firms = $120 Firms Investment spending...
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