Question: please show work so i know how to get it! 3. In the economy of LA in 2015, exports were $200, GDP was $2000, government

please show work so i know how to get it!

3. In the economy of LA in 2015, exports were $200, GDP was $2000, government purchases were $300, imports were $270, and investment was $400. What was LA's consumption in 2015

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

27. Use the following to answer question 10 Refer to the table above. What is the economy's GDP? A) $6.5 trillion B) $6.6 trillion C)$6.9 trillion D) $7.3 trillion 28.The expenditure (demand)...

1. Categories of expenditures Kenji and Lucia Murphy live in Swarthmore, PA. Lucia's father, Paolo, lives in Sweden. For each of the following transactions, identify whether it is included in the...

1. Macroeconomics is a study of _______________. A the behavior of individual firms B the entire economy C government units D regulations imposed on firms 2. Which o the following is related to...

Lecture 4: Fiscal Policy Fiscal Policy Fiscal policy is the government's control over taxes and government spending in order to influence the overall economy (variables such as GDP, unemployment, and...

can you please help with this project File Edit View Insert Format Tools Table Window Help SatJan3012137PM Q AutoSave . r' f} E Q : Ea Exercises for Gross Domestic Product_1(1) (1) - Home Insert Draw...

.Give detailed explanation please. 2. (2 points) Rey buys only hamburgers and bottles of root beer out of a weekly income of 5100. He currently consumes 20 bottles of root beer per week, and his...

I'm in serious need of help in my accounting class (acc205) . I'm falling behind and I need help with this weeks assignment. for week three for the may-june month . can someone please help me ....

Please show work for questions 9 & 10. Thanks imports Exports Direct Investments Abroad Foreign Investments in the Country Foreign Purchases of Jomestic Securities Purchases of Foreign Securities Net...

Please help solve this and please show work so i can get a better understanding of how it was solved Consider the following statistics on an economy: GDP = $14 trillion; Taxes = $2 trillion; Private...

A certain particle of mass m has momentum of magnitude mc. What are? (a) , (b) , and (c) The ratio K/E0?

Calculating Pension Expense Stars Inc. has a noncontributory defined pension plan for its employees. During the year, the company had service cost of $ 6 0 , 0 0 0 , an expected return on plan assets...

\ table [ [ April , 3 , 5 9 0 ] , [ May , 3 , 9 3 0 ] , [ June , 4 , 5 2 0 ] , [ July , 4 , 1 9 0 ] , [ August , 3 , 9 1 0 ] ] Croy's finished goods inventory policy is to have 5 0 percent of the...