he table below contains data for country Econoland for the year 2018.I$1293Household purchases of durable goodsHousehold purchases of nondurable goods$1717$301Houschold purchases of servicesHousehold purchases of new housingPurchases of capital equipmentInventory changes$704$310$374Purchases of new structures$611soDepreciationSalaries of government workersGovernment expenditures on public works$1422$553$777Transfer paymentsForeign purchases of domestically produced goodsDomestic purchases of foreign goods$88$120Refer to the above table. What were country Econoland's government purchases in 2018?$553$1198$1975$2752

In the table the government purchase of Econoland has been given.

he table below contains data for country Econoland for the year 2018. $1293 $1717 Household purchases of durable goods Household purchases of nondurable goods Houschold purchases of services $301 Household purchases of new housing $704 $310 Purchases of capital equipment Inventory changes Purchases of new structures Depreciation Salaries of government workers Government expenditures on public works Transfer payments Foreign purchases of domestically produced goods Domestic purchases of forcign goods $374 $611 so $1422 $553 $777 $88 $120 Refer to the above table. What were country Econoland's government purchases in 2018? $553 $1198 O $1975 O $2752

he table below contains data for country Econoland for the year 2018. $1293 $1717 Household purchases of durable goods Household purchases of nondurable goods Houschold purchases of services $301 Household purchases of new housing $704 $310 Purchases of capital equipment Inventory changes Purchases of new structures Depreciation Salaries of government workers Government expenditures on public works Transfer payments Foreign purchases of domestically produced goods Domestic purchases of forcign goods $374 $611 so $1422 $553 $777 $88 $120 Refer to the above table. What were country Econoland's government purchases in 2018? $553 $1198 O $1975 O $2752

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter8: Aggregate Demand And The Powerful Consumer

Section8.A: National Income Accounting

Problem 3TY

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