The following table shows the composition of GDP in 2015 for a hypothetical country. Complete the table by recording values for GDP, residentia net exports. (Enter your responses as integors and use minus signs if necessary.) The Composition of GDP, 2015 Billions of Dollars GDP (Y) Consumption (C) 11,486 Investment () 2,431 Nonresidential 1,889 Residential 3 Government spending (G) 3,057 4 Net exports Exports (X) 2,435 Imports (IM) 2,868 5 Inventory investment 77

The following table shows the composition of GDP in 2015 for a hypothetical country. Complete the table by recording values for GDP, residentia net exports. (Enter your responses as integors and use minus signs if necessary.) The Composition of GDP, 2015 Billions of Dollars GDP (Y) Consumption (C) 11,486 Investment () 2,431 Nonresidential 1,889 Residential 3 Government spending (G) 3,057 4 Net exports Exports (X) 2,435 Imports (IM) 2,868 5 Inventory investment 77

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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