Using the Graph below, in 1998, what was the approximate GDP of the United States? U.S. Economic Data: 1998 $5,808 $6,000 $5,500 $5,000 $4,500 $4,000 $3,500 $3,000 $2,500 $2,000 $1,367 $1,487 $1,500 billions of U.S. dollars)
Using the Graph below, in 1998, what was the approximate GDP of the United States? U.S. Economic Data: 1998 $5,808 $6,000 $5,500 $5,000 $4,500 $4,000 $3,500 $3,000 $2,500 $2,000 $1,367 $1,487 $1,500 billions of U.S. dollars)
Chapter15: Gross Domestic Product
Section: Chapter Questions
Problem 8SQP
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$3 trillion
$6 trillion
$8.5 trillion
$11.5 trillion
Transcribed Image Text:Using the Graph below, in 1998, what was the approximate GDP of the United States?
U.S. Economic Data: 1998
$5,808
$6,000
$5,500
$5,000
$4,500
$4,000
$3,500
$3,000
$2,500
$2,000
$1,367
$1,487
$1,500
$1,000
$500
-$151
-$500
Net
Government Investment Consumption
Exports Expenditures Expenditures Expenditures
Statistical Abstract of the United States: 1999,
Bureau of Economic Analysis
(in billions of U.S. dollars)
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