Item Billions of Dollars Wages 5,000 Consumption Expenditure 3,500 Interest, Rate and Profit 1,500 Investment 1,200 Statistical Discrepancy 0 Depreciation 800 Indirect taxes minus subsidies 500 Net Exports of Goods and Services -300 Using the data available in the above table, GDP can be calculated using Expenditure Method GDP is $[Select] billion dollars
Item Billions of Dollars Wages 5,000 Consumption Expenditure 3,500 Interest, Rate and Profit 1,500 Investment 1,200 Statistical Discrepancy 0 Depreciation 800 Indirect taxes minus subsidies 500 Net Exports of Goods and Services -300 Using the data available in the above table, GDP can be calculated using Expenditure Method GDP is $[Select] billion dollars
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 3P
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Question
not use ai please
![Item
Billions of Dollars
Wages
5,000
Consumption Expenditure
3,500
Interest, Rate and Profit
1,500
Investment
1,200
Statistical Discrepancy
0
Depreciation
800
Indirect taxes minus subsidies
500
Net Exports of Goods and
Services
-300
Using the data available in the above table, GDP can be calculated using
Expenditure Method
GDP is $[Select]
billion dollars](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbda11692-c1c2-4dec-8fcf-9fb32ba9d676%2Ffafd5337-b3e3-4ba3-8210-ccaee2b5926c%2Ffobdv72_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Item
Billions of Dollars
Wages
5,000
Consumption Expenditure
3,500
Interest, Rate and Profit
1,500
Investment
1,200
Statistical Discrepancy
0
Depreciation
800
Indirect taxes minus subsidies
500
Net Exports of Goods and
Services
-300
Using the data available in the above table, GDP can be calculated using
Expenditure Method
GDP is $[Select]
billion dollars
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