3. Table: Hypothetical U.S. National Income and Product Accounts Data Category Consumption (personal consumption expenditures) Investment (gross private domestic investment) Government consumption (government expenditures) Exports Imports Net Factor Income from Abroad Net unilateral transfers The GDP for the economy is: a. $11,400 billion. b. $10,575 billion. c. $10,550 billion. d. $10,595 billion. Billions of Dollars 8,000 1,300 2,100 900 1,750 +45 -20
3. Table: Hypothetical U.S. National Income and Product Accounts Data Category Consumption (personal consumption expenditures) Investment (gross private domestic investment) Government consumption (government expenditures) Exports Imports Net Factor Income from Abroad Net unilateral transfers The GDP for the economy is: a. $11,400 billion. b. $10,575 billion. c. $10,550 billion. d. $10,595 billion. Billions of Dollars 8,000 1,300 2,100 900 1,750 +45 -20
Chapter6: Tracking The U.s. Economy
Section: Chapter Questions
Problem 1.2P
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