2. For a given year, if consumption expenditures are $18,000, investment expenditures are $4700, government expenditures are
Fantastic news! We've Found the answer you've been seeking!
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 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?
Expert Answer:
a Calculate current year GDP GDP CIG NX GDP 18000 4 700 4 600 800 GDP 26500 T... View the full answer
Related Book For 
Posted Date:
