
Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206
Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206 Exercise 6
If consumption is $3.8 trillion, investment is $1.1 trillion, government spending is $1.1 trillion, imports are $1.6 trillion, and exports are $1.4 trillion, how much is GDP?
Explanation
GDP, or Gross Domestic Product refers to...
Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
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