U.S. GDP, 2006 ($Billion; Source: BEA) 9,225 2,209 2,523 -762 13,195 Consumption Investment TABLE 1 Government expenditure Net Exports (trade balance) Gross domestic product China GDP, 2006 ($Billion; Source: IMF) Consumption 1,183 Investment 1,411 459 297 3,349 Government expenditure Net Exports (trade balance) Gross domestic product

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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In the below table, which decomposes GDP by expenditure for the U.S. and China in 2006. Compute the ratio of saving to GDP for each economy.

U.S. GDP, 2006 ($Billion; Source: BEA)
9,225
2,209
2,523
-762
13,195
Consumption
Investment
TABLE 1
Government expenditure
Net Exports (trade balance)
Gross domestic product
China GDP, 2006 ($Billion; Source: IMF)
Consumption
Investment
Government expenditure
Net Exports (trade balance)
Gross domestic product
1,183
1,411
459
297
3,349
Transcribed Image Text:U.S. GDP, 2006 ($Billion; Source: BEA) 9,225 2,209 2,523 -762 13,195 Consumption Investment TABLE 1 Government expenditure Net Exports (trade balance) Gross domestic product China GDP, 2006 ($Billion; Source: IMF) Consumption Investment Government expenditure Net Exports (trade balance) Gross domestic product 1,183 1,411 459 297 3,349
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