The following table shows the composition of GDP in 2015 for a hypothetical country. Complete the table by recording values for GDP, residential investment, and net exports. (Enter your responses as integers and use minus signs if necessary.) 1 2 The Composition of GDP, 2015 GDP (Y) Consumption (C) Investment (/) Nonresidential Residential 3 Government spending (G) 4 Net exports Exports (X) Imports (IM) 5 Inventory investment Billions of Dollars 12,438 2,671 2,206 3,102 1,963 2,265 -87

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter5: Gross Domestic Product
Section: Chapter Questions
Problem 9SQ
icon
Related questions
Question
The following table shows the composition of GDP in 2015 for a hypothetical country. Complete the table by recording
values for GDP, residential investment, and net exports. (Enter your responses as integers and use minus signs if
necessary.)
The Composition of GDP, 2015
GDP (Y)
1 Consumption (C)
2
Investment (/)
3
4
Nonresidential
Residential
Government spending (G)
Net exports
Exports (X)
Imports (IM)
5 Inventory investment
Billions of Dollars
12,438
2,671
2,206
3,102
1,963
2,265
- 87
Transcribed Image Text:The following table shows the composition of GDP in 2015 for a hypothetical country. Complete the table by recording values for GDP, residential investment, and net exports. (Enter your responses as integers and use minus signs if necessary.) The Composition of GDP, 2015 GDP (Y) 1 Consumption (C) 2 Investment (/) 3 4 Nonresidential Residential Government spending (G) Net exports Exports (X) Imports (IM) 5 Inventory investment Billions of Dollars 12,438 2,671 2,206 3,102 1,963 2,265 - 87
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 1 images

Blurred answer
Knowledge Booster
Exports
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
MACROECONOMICS FOR TODAY
MACROECONOMICS FOR TODAY
Economics
ISBN:
9781337613057
Author:
Tucker
Publisher:
CENGAGE L
Survey Of Economics
Survey Of Economics
Economics
ISBN:
9781337111522
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Economics For Today
Economics For Today
Economics
ISBN:
9781337613040
Author:
Tucker
Publisher:
Cengage Learning
Principles of Macroeconomics (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Economics
ISBN:
9781285165912
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Brief Principles of Macroeconomics (MindTap Cours…
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning