Answer five questions given the following data for 2019: The Equivalence of Expenditure and Income (in Billions of Dollars) Expenditure C: Consumer goods and services 1: Investment in plants, equipment, and inventory G: Government goods and services X: Exports M: Imports GDP: Total value of output b. Gross private investment % c. Total government purchases d. Exports e. Imports % $14,561 Instructions: Enter your responses as a percentage rounded to one decimal place. Calculate the following as a percentage of GDP for 2019: a. Personal consumption expenditures % 3,744 3,754 2,504 (3,136) $21,427 Wages and salaries Corporate profits Proprietors' income Income Rents Interest Taxes on output and imports Depreciation Statistical discrepancy Total value of income $11,434 2,075 1,658 778 645 1,494 3,463 (120) $21,427
Answer five questions given the following data for 2019: The Equivalence of Expenditure and Income (in Billions of Dollars) Expenditure C: Consumer goods and services 1: Investment in plants, equipment, and inventory G: Government goods and services X: Exports M: Imports GDP: Total value of output b. Gross private investment % c. Total government purchases d. Exports e. Imports % $14,561 Instructions: Enter your responses as a percentage rounded to one decimal place. Calculate the following as a percentage of GDP for 2019: a. Personal consumption expenditures % 3,744 3,754 2,504 (3,136) $21,427 Wages and salaries Corporate profits Proprietors' income Income Rents Interest Taxes on output and imports Depreciation Statistical discrepancy Total value of income $11,434 2,075 1,658 778 645 1,494 3,463 (120) $21,427
Chapter6: Tracking The U.s. Economy
Section: Chapter Questions
Problem 1.2P
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Answer five questions given the following data for 2019:
The Equivalence of Expenditure and Income (in Billions of Dollars)
Expenditure
C: Consumer goods and services
I: Investment in plants, equipment, and
inventory
G: Government goods and services
X: Exports
M: Imports
GDP: Total value of output
b. Gross private investment
d. Exports
%
c. Total government purchases
e. Imports
FI
Instructions: Enter your responses as a percentage rounded to one decimal place.
Calculate the following as a percentage of GDP for 2019:
a. Personal consumption expenditures
%
%
%
EL Q Search
@
F2
A
$14,561
#
3,744
3,754
2,504
F3
(3,136)
$21,427
< Prev
$
Wages and salaries
Corporate profits
Proprietors' income
Rents
Interest
Taxes on output and imports
Depreciation
Statistical discrepancy
Total value of income
5 of 7
F4
DUI
Income
F5
%
Next >
F6
A
$11,434
2,075
1,658
778
645
1,494
3,463
(120)
$21,427
Q
F7
&
PrtScn
18.
*
Home
F9
F
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