The table given below shows the real GDP, aggregate expenditures, saving, and imports of an economy. Table 10.4 Real GDP Aggregate Expenditures Saving Imports $0 $800-$300 $50 $1,000 $1,600-$200 $150 $2,000 $2,400-$100 $ 250 $3,000 $3,200 $0 $350 $4,000 $4,000 $100 $450 $5,000 $4,800 $200 $550 $6,000 $5,600 $300 $650 Refer to Table 10.4. Suppose the economy is currently in equilibrium and has a potential GDP of $6,000. The current GDP gap equals _____. Group of answer choices $400 $1,000 $2,000 $3,000 $6,00

The table below shows nominal GDP, exports, and imports for the United States. Nominal GDP, Exports, and Imports Year 2015 2016 Nominal GDP Exports Imports (billions of (billions of (billions of dollars) $2,308.0 2,334.1 LA dollars) $16,981.9 17,601.1 Instructions: Round your answers to one decimal place. If you are entering a negative number include a minus sign. a. Calculate the value of net exports in 2015. billion b. Calculate the value of net exports in 2016. billion dollars) $2,759.7 2,878.3

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Attached is a table, please use that to answer these:   1998 Gross Domestic Product Answer (Remember to show work): 2028 Personal Consumption Expenditures Answer (Remember to show work): 2008 Gross Private Domestic Investment Answer (Remember to show work):

1. Answer the following: A) In 2011 the United States economy had a GDP of $14,991 billion according to the United Nations. If consumption was $10,729 billion, government spending was $2,594 billion, and net exports was -$568 billion, how much was investment spending? B) In 2011 the United States economy had a GDI (Gross Domestic Income) of approximately $13,548 billion according to the Bureau of Economic Analysis. If wages were $8,340 billion, interest payments were $516 billion, and rent was $430 billion, approximately how much was remaining for profit?

What” the most important aspect of consumption, investment, government spending, and net exports in an economy?

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The following table contains data for a hypothetical closed economy that uses the dollar as its currency. Suppose GDP in this country is $1,170 million. Enter the amount for consumption. Value National Income Account Government Purchases (G) Taxes minus Transfer Payments (T) Consumption (C) Investment (I) (Millions of dollars) 300 390 420 Complete the following table by using national income accounting identities to calculate national saving. In your calculations, use data from the preceding table. National Saving (S) million

Table 11-6 Government Real GDP Consumption Investment Purchases 1 Net Exports $1,000 $1,000 $100 $150 -$50 2 3 2,000 1,900 100 150 -50 3,000 2,800 100 150 -50 4 4,000 3,700 100 150 -50 Using the table above, answer the following question. The numbers in the table are in billions of dollars. 13) Refer to Table 11-6. What is the value of MPC? A) 0.2 B) 0.5 C) 0.75 D0.9 E) None of the above

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