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462 526 987 1259 You are given the following information. Durable good consumption Residential investment Imports Government
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Answer #1

Answer : In GDP (Gross Domestic Product) calculation the C is a component of expenditure approach. Here C means consumer expenditure on final goods and services. Consumer expenditure include durable good consumption, non-durable good consumption and services. So, here

C (Consumption spending) = Durable good consumption + Non-durable good consumption + Services

=> C = 462 + 893 + 7638

=> C = 8993

Therefore, here C is, C = 8993.

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