The table below shows the values for several different components of GDP.
Component Value (billions of dollars)
Consumer durables $1,329.00
Consumer nondurables 2,679.0
Services 8,112.3
Business fixed investment 2,850.0
Residential fixed investment 578.0
Inventories 93.3
Exports 2,352.3
Imports 2,901.5
Government purchases 3,189.3
Required:
a. What is the value of total gross investment?
b. Calculate depreciation and net investment for this economy.
c. Calculate the amount of next year's beginning capital stock for this economy.
Answers: 2
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The table below shows the values for several different components of GDP.
Component Value (billions...
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