GDP: Expenditure Approach ($ billion): Personal Consumption Expenditure (C) 11.0 Business Investment (Ig) 2.0 Government Purchases (G)
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Question:
GDP: Expenditure Approach ($ billion):
Personal Consumption Expenditure (C) 11.0
Business Investment (Ig) 2.0
Government Purchases (G) 3.0
Export 0.5
Import 1.0
2. The value of GDP (table above, expenditure approach, $ billion) is:
A) 17.5;
B)16.5;
C) 15.5;
D) 14.5
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