GDP Data (in $ billion) Table 7-1 Durable goods = $11,080.00 Services = $12,500.56 Business purchases of capital goods = $1,080.00 %3D Fixed investment = $12,080.00 Exports = $700.00 Imports = $820.46 Nondurable goods = $1,000.46 %3D Inventory investment = $301.25 Government transfer payments = $1,240.26 Purchases of new residential housing = $11,000.00 Government purchases = $7,890.56 Refer to Table 7-1. GDP is equal to $44,762.30 O $44,132.31 O $44,732.37 O $43,732.89

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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GDP Data (in $ billion)
Table 7-1
Durable goods =
$11,080.00
Services =
$12,500.56
Business purchases of capital goods =
$1,080.00
Fixed investment =
$12,080.00
%3D
Exports =
$700.00
Imports =
$820.46
%3D
Nondurable goods =
$1,000.46
Inventory investment =
$301.25
Government transfer payments =
$1,240.26
Purchases of new residential housing =
$11,000.00
Government purchases =
$7,890.56
Refer to Table 7-1. GDP is equal to
O $44,762.30
O $44,132.31
O $44,732.37
O $43,732.89
Transcribed Image Text:GDP Data (in $ billion) Table 7-1 Durable goods = $11,080.00 Services = $12,500.56 Business purchases of capital goods = $1,080.00 Fixed investment = $12,080.00 %3D Exports = $700.00 Imports = $820.46 %3D Nondurable goods = $1,000.46 Inventory investment = $301.25 Government transfer payments = $1,240.26 Purchases of new residential housing = $11,000.00 Government purchases = $7,890.56 Refer to Table 7-1. GDP is equal to O $44,762.30 O $44,132.31 O $44,732.37 O $43,732.89
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