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Economics

Q. The Data of Macroeconomics: GDP

(a) Obtain data for the subsequent variables for the United States in 2009.

1. Gross Domestic Product (Y)

2. Consumption (C)

3. Investment (I)

4. Government Spending (G)

5. Exports (EX)

6. Imports (IM)

(b) Confirm which Y = C + I + G + (EX - IM)

(c) Illustrate what share of GDP is composed of consumption? Illustrate what share of GDP is composed of investment? Illustrate what share of GDP is composed of government spending?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9163614

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