Durable Goods: $25 Imports: $6 Gross Investment: $23 Services: $20 Nondurable Goods: $18 Depreciation: $8 Exports: $11 Government Purchases: $35 Task 1: Calculate the value of consumption in the economy of Asartaland Task 2: Calculate the value of net investment in the economy of Asartaland. Task 3: Calculate the value of government purchases in the economy of Asartaland Task 4: Calculate the value of net exports in the economy of Asartaland. Task 5: Following the expenditures approach, calculate the value of nominal GDP and “Net Domestic Product (NDP)” of Asartaland.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Durable Goods: $25 Imports: $6 

Gross Investment: $23 Services: $20 

Nondurable Goods: $18 Depreciation: $8 

Exports: $11 Government Purchases: $35 

 

Task 1: Calculate the value of consumption in the economy of Asartaland          

Task 2: Calculate the value of net investment in the economy of Asartaland.           

Task 3: Calculate the value of government purchases in the economy of Asartaland   

Task 4: Calculate the value of net exports in the economy of Asartaland.

Task 5: Following the expenditures approach, calculate the value of nominal GDP and “Net Domestic Product (NDP)” of Asartaland.   

 

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