GDP Data (in $ billion) Table 7-1 Durable goods $10,600.49 Services = $12,500.56 Business purchases of capital goods = $1,080.00 %3D Fixed investment = $1,970.45 Exports = $700.00 %3D Imports = $820.46 %3D Nondurable goods $1,000.46 %3D Inventory investment = $301.25 Government transfer payments = $1,240.26 Purchases of new residential housing = $890.45 Government purchases = $7,890.56 Refer to Table 7-1. GDP is equal to O $34,141.31 O $33,143.31 O $34.133.31 O $34,143.31

Economics (MindTap Course List)
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Author:Roger A. Arnold
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Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp
Section: Chapter Questions
Problem 9WNG
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GDP Data (in $ billion)
Table 7-1
Durable goods =
$10,600.49
Services =
$12,500.56
%3D
Business purchases of capital goods =
$1,080.00
Fixed investment =
$1,970.45
Exports =
$700.00
Imports =
$820.46
Nondurable goods =
$1,000.46
Inventory investment =
$301.25
Government transfer payments -
$1,240.26
%3D
Purchases of new residential housing -
$890.45
Government purchases =
$7.890.56
Refer to Table 7-1. GDP is equal to
O S34,141.31
O $33,143.31
O $34,133.31
O $34.143.31
Transcribed Image Text:GDP Data (in $ billion) Table 7-1 Durable goods = $10,600.49 Services = $12,500.56 %3D Business purchases of capital goods = $1,080.00 Fixed investment = $1,970.45 Exports = $700.00 Imports = $820.46 Nondurable goods = $1,000.46 Inventory investment = $301.25 Government transfer payments - $1,240.26 %3D Purchases of new residential housing - $890.45 Government purchases = $7.890.56 Refer to Table 7-1. GDP is equal to O S34,141.31 O $33,143.31 O $34,133.31 O $34.143.31
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