ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
Imports enter the calculation of
with a positive sign.
with a negative sign.
as an addition to changes in private inventories.
through the personal consumption category.
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- What is the value for net exports if consumer spending is $24,258, gross private domestic investment is $8,082, government purchases are $9,528, exports are $1,542, imports are $2,447, wages are $11,481, and indirect business taxes are $1,229? Other potentially useful components are unknown. Enter the value without a $ and without commas.arrow_forwardThe value of cars that the Ford Motor Company produces in a German plant is a part of U.S. GDP. a part of U.S. GNP. a part of German GNP. not a part of German GDP.arrow_forwardAssume that, everything else constant, UK households start consuming more goods imported from Germany. Based solely on the direct impact of this change, choose the right option. GDP in the UK is unchanged. GDP in Germany is unchanged. GDP increases in the UK. GDP falls in Germany.arrow_forward
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