The table below contains data for country A for the year 2010.Household purchases of durable goodsHousehold purchases of nondurable goodsHousehold purchases of servicesHousehold purchases of new housingPurchases of capital equipmentInventory changesPurchases of new structuresDepreciationSalaries of government workersGovernment expenditures on public worksTransfer paymentsForeign purchases of domestically produced goodsDomestic purchases of foreign goods$1293$1717$301S704$310$374S611$117$1422$553$77S88$1201. Refer to Table 23-2. What was country A's GDP in 2010?2. Refer to Table 23-2. What was country A's consumption, investment, govemment purchases, and netexports in 2010?

GDP calculates the total worth of all final goods and services produced in an economy.

Answered: 1. Refer to Table 23-2. What was…

1. Refer to Table 23-2. What was country A's GDP in 2010? 2. Refer to Table 23-2. What was country A's consumption, investment, govemment purchases, and net exports in 2010?

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Question

The table below contains data for country A for the year 2010.
Household purchases of durable goods
Household purchases of nondurable goods
Household purchases of services
Household purchases of new housing
Purchases of capital equipment
Inventory changes
Purchases of new structures
Depreciation
Salaries of government workers
Government expenditures on public works
Transfer payments
Foreign purchases of domestically produced goods
Domestic purchases of foreign goods
$1293
$1717
$301
S704
$310
$374
S611
$117
$1422
$553
$77
S88
$120
1. Refer to Table 23-2. What was country A's GDP in 2010?
2. Refer to Table 23-2. What was country A's consumption, investment, govemment purchases, and net
exports in 2010?

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