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Category > Management Posted 26 Oct 2017 My Price 3.00

gross private domestic investment

Consider the following hypothetical data for the U.S. economy in 2014 (all amounts are in trillions of dollars)

a. Based on the data, what is GDP? NDP? NI?

b. Suppose that in 2015, exports fall to $2.3 trillion, imports rise to $2.85 trillion, and gross private domestic investment falls to $2.25 trillion. What will GDP be in 2015, assuming that other values do not change between 2014 and 2015?

 

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Maurice Tutor
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Status NEW Posted 26 Oct 2017 03:10 PM My Price 3.00

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