Use the data to calculate nominal U.S. GDP using the spending approach in 2020 and 2021. Consumption
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Use the data to calculate nominal U.S. GDP using the spending approach in 2020 and 2021.
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Consumption Investment Exports Imports Government spending 2020 (billions of dollars) $14,000 $3,600 $2,100 $2,800 $3,900 2021 (billions of dollars) $15,700 $4,100 $2,500 $3,400 $4,100
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Related Book For
Principles Of Economics
ISBN: 9781319330156,9781319419769
2nd Edition
Authors: Betsey Stevenson, Justin Wolfers
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