Government Purchases $15 Consumption 90 Gross Investment 20 Consumption of Fixed Capital Exports 8 Imports 12 5. Refer to Table 1 (all figures in billions of dollars). NDP (net domestic product) a. $116. b. $121. c. $125. d. $150. 5.

Government Purchases $15 Consumption 90 Gross Investment 20 Consumption of Fixed Capital Exports 8 Imports 12 5. Refer to Table 1 (all figures in billions of dollars). NDP (net domestic product) a. $116. b. $121. c. $125. d. $150. 5.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter19: Measuring Economic Performance

Section: Chapter Questions

Problem 9P

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Question

100%

Table 1
Government Purchases
$15
Consumption
90
Gross Investment
20
Consumption of Fixed Capital
Exports
8
Imports
12
5. Refer to Table 1 (all figures in billions of dollars). NDP (net domestic product) is.
a. $116.
b. $121.
c. $125.
d. $150.
12

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GDP measures the market value of all goods and services produced within an economy in a given period of time.

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