Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. 3 calculating gdp using national income account da

3 Calculating GDP using national income account data The following table shows data on consumption...

90.2K

Verified Solution

Question

Statistics

image

3 Calculating GDP using national income account data The following table shows data on consumption investment exports imports and government expenditures for the United States in 2007 as published by the Bureau of Economic Analysis All figures are in billions of dollars Fill in the missing cells in the following table to calculate GDP Components Personal consumption expenditures C Gross private domestic investment 1 Government consumption expenditures and gross investment G Exports X Imports M Net exports of goods and services NX Gross domestic product GDP This method of calculating GDP which involves summing the approach 9 734 2 2 125 4 2 689 8 1 643 2 351 is called the

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Question is related to organisations and stakeholders. Different stakeholders have different expectations from the company. select a...

Basic Math
Q

i) Find the angular separation between the red hydrogen-α spectral line at 656 nm and the...

Physics
Q

QUESTION 6. Z is a standard normal variable. Find the value of Z in the following....

Basic Math
Q

An average human has 5.5 liters of blood and a fasting blood sugar level of...

Biology
Q

The Mitchells bought a $219,000 townhome. They made a down payment of $47,000 and took...

Basic Math
Q

Question stion 2 of x y 1 0 S 2 2 0 5 2 3...

Statistics
Q

A company is interested to know the variation in yearly sales amount for all 5...

Statistics
Q

K Give the degree measure of 0 if it exists Do not use a calculator...

Algebra
Q

Investigate an accounting scandal. You can find your own, or if you need some direction,...

Accounting
Q

Unlimited Attempts Allowed Details Every Student is required to pick a publicly-held company and...

Accounting
Q

Por qu QuickBooks Online podra impedirle desactivar una cuenta del libro mayor? a.La cuenta...

Accounting
Q

Question 14 A company manufactures basketball hoops. Compute the total amount of conversion costs from...

Accounting