Question: 2. For a given year, if consumption expenditures are $18,000, investment expenditures are $4700, government expenditures are $4600, net exports are -$800 [all figures are
2. For a given year, if consumption expenditures are $18,000, investment expenditures are $4700, government expenditures are $4600, net exports are -$800 [all figures are in billions]: a. Calculate current year GDP b. Which component of GDP includes the value of child care services provided by a stay-at-home parent for his/her own child?
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a Calculate current year GDP GDP CIG NX GDP 18000 4 700 4 600 800 GDP 26500 T... View full answer
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