REAL GROSS DOMESTIC PRODUCT, 1990-2013 (billions of dollars) Gross Private Perso
ID: 1131265 • Letter: R
Question
REAL GROSS DOMESTIC PRODUCT, 1990-2013 (billions of dollars) Gross Private Personal Consumption Expenditures Government Purchases Total Year GDP Domestic Exports Imports Investment 0 1990 5,673 5,686 5,897 2,224 722 720 8,755 9,267 9,905 1992 1993 2,262 2,242 827 1995 1996 1997 1998 1999 6,338 6,528 6,756 1,502 1.687 2,058 2,258 2,279 2,322 10,561 11,035 11,526 12,066 7,385 7,776 1,395 1,536 2,452 .736 1,687 1,258 2000 2001 2002 12,560 12,682 12,909 13,271 13,774 2,498 2,592 2,705 8,383 8,599 8,868 9,208 9,532 9,822 10,042 10,007 2,309 1,827 2,035 2005 2006 2,673 2,730 1,382 1,507 2,808 2,826 2,869 2008 2009 14,874 14,830 2,396 1.898 2,359 2,299 1.983 2,990 3,089 1,588 2,235 2,358 10,036 2,230 2,436 2,556 1.898 1.960 2,020 2,997 15,369 10,450 10,700 440 2,895 From 1990 to 2013, in how many years did Instructions: Enter your responses as whole numbers (a) Real consumption decline? (b) Real investment decline? (c) Real government spending increase by at least $100 billion?Explanation / Answer
A.2
Real consumption declined in 2008 and 2009.
B.6
1991,2001,2002,2007,2008, and 2009
C.2
2001,2002
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