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Category                                            Amount

Durable Goods                                    $1,000

Non-Durable Goods                              2,500

Services                                                  7,000

Fixed Investment                                   1,800

Changes to Business Inventory               35

Investment in Stocks & Bonds             5,500

Federal Government Purchases          1,200

State/Local Government Purchases    1,800

Transfer Payments                                   575

Exports from the United States            2,000

Imports into the United States              2,600

Using the above table determine the amount added to GDP by calculating the amount added to each of GDP’s categories (Consumption, Investment, Government Expenditures, and Net Exports).

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91521418

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