econ

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. 👍 0
2. 👎 0
3. 👁 446
1. 68

1. 👍 0
2. 👎 0
2. What percentage of GDP in 2000 is consumption
Calculate net exports for 2001. (Express your answer in billions of dollars.)

1. 👍 0
2. 👎 0
3. 349

1. 👍 0
2. 👎 0

1. 👍 0
2. 👎 0

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