Homework Answers
5) Net capital inflow = imports - exports
= 2.7 - 2.2
= 0.5 trillion.
6) Investment = GDP - C - G - X + M
= 15.9 - 11.3 - 3 - 2.2 + 2.7
= 2.1 trillion.
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QUESTIONS Trillions of dolars GDP Consumption Government spend Exports Imports Budget balance Given the values in t...
QUESTION 3 Tribons of dolers GDP Consumption Government spending Exports Imports Budget balance Given the values...
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Trillions of dollars GDP Consumption Government spending Esports 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.)
Trillions of dollars GDP Consumption Government spending Exports Imports Budget balance $15.9 11.3 3.0 2.2 2.7...
Trillions of dollars GDP Consumption Government spending Exports Imports Budget balance $15.9 11.3 3.0 2.2 2.7 -1.2 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.) =
QUESTION 2 Trillions of dollars GDP Consumption Government spending Exports Imports Budget balance Refer to the tab...
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.)
Given the values in the table, and assuming transfer payments = 0, compute the value of...
Given the values in the table, and assuming transfer payments =
0, compute the value of private saving. Private
saving = $_____________ trillion. (Round to one decimal
place.) Thank you!
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REISIMING Time: 1 hour, 07 minutes, 44 seconds. Question Completion Status: QUESTION 3 22 points GDP...
REISIMING Time: 1 hour, 07 minutes, 44 seconds. Question Completion Status: QUESTION 3 22 points GDP Consumption Government spending Exports Imports Budget balance Given the values in the table, and assuming transfer payments = 0, compute the value of private saving Private saving trillion. (Round to one decimal place.) 2.2 points Set QUESTION 4 GDP Consumption Government spending Exports Imports Budget balance What is the value of national savings for the hypothetical economy whose data is given in the table...
What is consumption in this economy? GDP Government Purchases Transfer Payments Exports Imports Net foreign factor...
What is consumption in this economy? GDP Government Purchases Transfer Payments Exports Imports Net foreign factor income In trillions of dollars 5.0 1.0 0.2 0.4 0.5 0.4 00 Select one: O a. 3.9 trillion O b. Not enough information to compute consumption O c. 3.6 trillion O d. 4.1 trillion
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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...
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...
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QUESTION S 22 points Save A Trions of dela $15.9 11.3 GDP Consumption Government spending Exports Imports Badget balance 3.0 22 27 -12 Glven the values in the table, what must net capital inflow equal? Net capital inflow $ place.) trillion. (Round to one decimal 2.2 peints QUESTION Seve Ae Trons of dolars $i59 GDP Convanption Government spending Exports Imports Budget balance 30 22 27 -12 Use the information in the table to compute Investment spending for that hypothetical econamy-(You...
Trillions of dollars GDP Consumption Government spending Esports 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.)
Trillions of dollars GDP Consumption Government spending Exports Imports Budget balance $15.9 11.3 3.0 2.2 2.7 -1.2 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.) =
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.)
Given the values in the table, and assuming transfer payments =
0, compute the value of private saving. Private
saving = $_____________ trillion. (Round to one decimal
place.) Thank you!
QUESTION 3 Trillions of dollars GDP Consumption Government spending Exports Imports Budget balance Given the values in the table, and assuming transfer payments = 0, compute the value of private saving. Private saving = $ decimal place.) trillion. (Round to one QUESTION 4 Trillions of dollars GDP. GD Emotion .... $139 Consumption......
REISIMING Time: 1 hour, 07 minutes, 44 seconds. Question Completion Status: QUESTION 3 22 points GDP Consumption Government spending Exports Imports Budget balance Given the values in the table, and assuming transfer payments = 0, compute the value of private saving Private saving trillion. (Round to one decimal place.) 2.2 points Set QUESTION 4 GDP Consumption Government spending Exports Imports Budget balance What is the value of national savings for the hypothetical economy whose data is given in the table...
What is consumption in this economy? GDP Government Purchases Transfer Payments Exports Imports Net foreign factor income In trillions of dollars 5.0 1.0 0.2 0.4 0.5 0.4 00 Select one: O a. 3.9 trillion O b. Not enough information to compute consumption O c. 3.6 trillion O d. 4.1 trillion
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...
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