econ

posted by micheal

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

2
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.)

1. jason

68

2. ben

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

3. Anonymous

349

4. lolk

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