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Macroeconomic

Question # 00066937
Subject: Economics
Due on: 05/08/2015
Posted On: 05/06/2015 08:31 AM

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GDP Calculation

Consumption$300Imports$30
Government Purchases150Exports80
GNP700
Gross Private Dom. Invest.100

a. Using the data in the table above, GDP is equal to _______.

b. Using the data in the table above, NX (Net exports) is equal to ________.

c. Using the data in the table above, PCE (Personal Consumption Expenditure) is equal to __________.

d. If the dollar amounts of the items above are the nominal amounts in year 2009, and the quantites of units are identical in years 2000 and 2009 but prices in 2000 were 30% less than 2009, Real GDP in 2009 using 2000 as the base year is equal to __________.

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Macroeconomic Calculations

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Posted On: 05/06/2015 02:44 PM
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Tutorial Preview …c xxxxx the xxxx in the xxxxx above, PCE xxxxxxxxx Consumption xxxxxxxxxxxx xx equal xx _____250_____ PCE x CONSUMPTION+IMPORTS-EXPORTS d xx the xxxxxx xxxxxxx of…
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Preview: G x P xxxxxxx G b xxxxx the data xx the xxxxx xxxxxx NX xxxx exports) is xxxxx to __50______ xxx Exports xxx x Using xxx data in xxx table above, xxx (Personal.....
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