Table 23-2 The table below contains data for the country of Crete for the year 2018. Total income Household purchases of durable goods Household purchases of nondurable goods Household purchases of non-education services Household purchases of education services Household purchases of new housing Purchases of capital equipment Inventory changes Purchases of new structures Depreciation Local government spending on goods and services State government spending on goods and services Federal government spending on goods and services Transfer payments Foreign purchases of domestically produced goods Domestic purchases of foreign goods 8. Refer to Table 23-2. What was Crete's GDP in 2018? a. $4623 b. $5731 c. $6037 d. $6839 $5731 $1108 b. $2013 C. $2315 d. $3131 $702 $203 $302 $816 $333 $75 $267 $401 $236 $419 $1182 $707 $217 $129 9. Refer to Table 23-2. What was Crete's consumption in 2018? a. $1810
Table 23-2 The table below contains data for the country of Crete for the year 2018. Total income Household purchases of durable goods Household purchases of nondurable goods Household purchases of non-education services Household purchases of education services Household purchases of new housing Purchases of capital equipment Inventory changes Purchases of new structures Depreciation Local government spending on goods and services State government spending on goods and services Federal government spending on goods and services Transfer payments Foreign purchases of domestically produced goods Domestic purchases of foreign goods 8. Refer to Table 23-2. What was Crete's GDP in 2018? a. $4623 b. $5731 c. $6037 d. $6839 $5731 $1108 b. $2013 C. $2315 d. $3131 $702 $203 $302 $816 $333 $75 $267 $401 $236 $419 $1182 $707 $217 $129 9. Refer to Table 23-2. What was Crete's consumption in 2018? a. $1810
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter31: The Impacts Of Government Borrowing
Section: Chapter Questions
Problem 14RQ: What are some fiscal policies for improving the technologies that the economy will have to draw upon...
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