How do budget surpluses and budget deficits affect the consumption and investment components of GDP

if consumption is $3.8 trillion, investment is $1.1 trillion, government spending is $1.1 trillion, imports are $1.6 trillion, and exports are $1.4 trillion, how much is GDP?

The following are a year's data for a hypothetical economy. Comsmption $400B, Government purchases $350B, GDPI $150B, Exports $150B, Imports $100B, Depreciation $50B. a) what is the value of GDP and NDP? b) what is the value of Net private Domestic investment ? c) suppose that in the next year exports increases to $175B, imports increase to 200B, and consumption falls to 350B. What will GDP be in that year?

1. If imports are $2 trillion, exports are $1.9 trillion, consumption is $3.8 trillion, investment is $700 billion, and government spending is $1.1 trillion, how much is GDP?    2. If consumption is $2.5 trillion, investment is $900 billion, government spending is $700 billion, imports are $1.2 trillion and exports are $1.4 trillion, how much is GDP?

The following table shows data on personal consumption expenditures, gross private domestic investment, exports, imports, and government consumption expenditures and gross investment for the United States in 2007, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the following table to calculate GDP. Components   Personal Consumption Expenditures (CC) $9,734.2 Gross Private Domestic Investment (II) $2,125.4 Exports (XX) $1,643 Imports (MM) $2,351 Net exports of goods and services (X−MX−M)   Government Consumption Expenditures and Gross Investment (GG) $2,689.8 Gross domestic product (GDP)     This method of calculating GDP, which involves summing the       , is called the               approach.

Use the following to answer questions Item In trillions of Rs. GDP 17.6 Government purchases 1.9 Transfer payments 0.9 Exports 0.8 Imports 1.5 Net foreign factor income 05 Refer to the table above. The sum of private-sector investment and consumption in this economy is

Classify the type of expenditure in the following transactions.   Tuition paid by your parents is _______. A new office building is _______.     A. consumption expenditure; consumption expenditure   B. investment; investment   C. government expenditure; investment   D. consumption expenditure; investment

What does disposable income measure? the income households have from investment income such as dividends and capital gains the income households have to spend after paying taxes the income households have to spend before paying taxes the market value of total output 20 20

6 T/F/U. To counterbalance a decrease in investment during a recession, governments offer tax credits to increase investment. Draw and label a figure showing why this is or isn't the case.

TOPIC: Comparing total expenditures and total production