| Question | Calculate GDP for an economy that features the following data. Consumption expenditures………………………………… $600 Exports………………………………………………… 75 Government purchases of goods and services………… 200 Construction of new homes and apartments………….. 100 Sales of existing homes and apartments………………… 200 Imports…………………………………………………… 50 Beginning-of-year inventory inventory fixed investment………………………………… 100 Government payments to retirees………………………… 100 Household purchases of durable goods…………………… 150 |
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| Subject | business economics |
