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This chart shows the components of nominal GDP for the years 2000 and 2001. All figures are in billions of current dollars.

Components 2000 2001

Consumption $6,684 $6,987
Investment $1,755 $1,560
GovernmentSpending $1,751 $1,858
Exports $1,101 $1,034
Imports $1,467 $1,383
Nominal GDP $9,824 $10,056

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Question #6:
This chart shows the components of nominal GDP for the years 2000 and 2001. All figures are in billions of current dollars.
Components 2000 2001
Consumption $6,684 $6,987
Investment $1,755 $1,560
Government Spending $1,751 $1,858
Exports $1,101 $1,034
Imports $1,467 $1,383
Nominal GDP $9,824 $10,056

A) What percentage of GDP in 2000 is consumption?

B) Calculate net exports for 2001. (Express your answer in billions of dollars.)

  • econ -

    68

  • econ -

    What percentage of GDP in 2000 is consumption
    Calculate net exports for 2001. (Express your answer in billions of dollars.)

  • econ -

    349

  • econ -

    adad

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