Using the information in the table below, calculate GDP using the expenditure approach. NZSNA component $billions Gross fixed capital formation - investment 41 Net indirect taxes 34 Exports 10 Imports Consumption expenditure - private Consumption expenditure - government Gross operating surplus O$136 billion O $170 billion $129 billion $148 billion 48 a ô 40 53
Using the information in the table below, calculate GDP using the expenditure approach. NZSNA component $billions Gross fixed capital formation - investment 41 Net indirect taxes 34 Exports 10 Imports Consumption expenditure - private Consumption expenditure - government Gross operating surplus O$136 billion O $170 billion $129 billion $148 billion 48 a ô 40 53
Chapter4: The Aggregate Economy
Section: Chapter Questions
Problem 6E
Related questions
Question
Please answer fast please arjent help please ASAP pls solution correctly choice the correct
![Using the information in the table below, calculate GDP using the expenditure approach.
NZSNA component
Sbillions
Gross fixed capital formation - investment
41
Net indirect taxes
34
Exports
10
Imports
3
Consumption expenditure - private
48
Consumption expenditure - government
40
Gross operating surplus
53
O$136 billion
O $170 billion
$129 billion
$148 billion](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb5d6ea53-a278-4f46-b3f3-0c2971dd7305%2F86d413ea-844e-49e2-8e96-b0dd6b6b3801%2F5p6dow_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Using the information in the table below, calculate GDP using the expenditure approach.
NZSNA component
Sbillions
Gross fixed capital formation - investment
41
Net indirect taxes
34
Exports
10
Imports
3
Consumption expenditure - private
48
Consumption expenditure - government
40
Gross operating surplus
53
O$136 billion
O $170 billion
$129 billion
$148 billion
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Economics:](https://www.bartleby.com/isbn_cover_images/9781285859460/9781285859460_smallCoverImage.gif)
![MACROECONOMICS FOR TODAY](https://www.bartleby.com/isbn_cover_images/9781337613057/9781337613057_smallCoverImage.gif)
![Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613040/9781337613040_smallCoverImage.gif)
![Economics:](https://www.bartleby.com/isbn_cover_images/9781285859460/9781285859460_smallCoverImage.gif)
![MACROECONOMICS FOR TODAY](https://www.bartleby.com/isbn_cover_images/9781337613057/9781337613057_smallCoverImage.gif)
![Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613040/9781337613040_smallCoverImage.gif)
![Principles of Economics 2e](https://www.bartleby.com/isbn_cover_images/9781947172364/9781947172364_smallCoverImage.jpg)
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
![Exploring Economics](https://www.bartleby.com/isbn_cover_images/9781544336329/9781544336329_smallCoverImage.jpg)
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
![ECON MACRO](https://www.bartleby.com/isbn_cover_images/9781337000529/9781337000529_smallCoverImage.gif)