Calculate GDP using the information in the table below: SBillions Government purchases of goods 1200 Services 500 Imports 400 Change in business inventories 50 Durable goods 300 Nondurable goods 600 Exports 250 Residential investment 200 Government purchases of services 500 Nonresidential investment 650 Select one: O a. 3850 O b. 4000 O c. 4150 O d. 4650
Calculate GDP using the information in the table below: SBillions Government purchases of goods 1200 Services 500 Imports 400 Change in business inventories 50 Durable goods 300 Nondurable goods 600 Exports 250 Residential investment 200 Government purchases of services 500 Nonresidential investment 650 Select one: O a. 3850 O b. 4000 O c. 4150 O d. 4650
Chapter5: National Income Accounting
Section: Chapter Questions
Problem 14E
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