am. 101. Complete the following table.GROSS DOMESTIC PRODUCTTYPE 14,532CONSUMPTIONINVESTMENT589GOVERNMENT PURCHASES 861NET EXPORTS-45TYPE 24,8043,320629-58TYPE 33,544673977-54

The formula for GDP is given as: GDP = Consumption + Private investment + Government expenditure +…

Answered: Complete the following table. TYPE 1…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Complete the following table. TYPE 1 GROSS DOMESTIC PRODUCT 4,532 CONSUMPTION INVESTMENT GOVERNMENT PURCHASES NET EXPORTS 589 861 -45 TYPE 2 4,804 3,320 629 -58 TYPE 3 3,544 673 977 -54