(important) a. consumption= $ 707 thosands b. Investment=................... tho
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(important)
a. consumption= $ 707 thosands
b. Investment=................... thousands.
C. Governmant purchases=....................thousands.
D. Net export= -200 thousands.
E. GDP=...................thousands.
C (2) New messages from X C The Table Below Shows T x C Soved: The weekly suppl x Homework 7 CSecure https/ tion.com/flow/connect.html Homework 7 122.09/130 Total points awarded Help Exlt The table below shows economic activity for a tiny country. Using the expenditure approach determine the following Total value (thousands of dollars) 600 100 Activity Families bu Electronics company sells HD projectors to households Personal trainer gives a Zumba class Custard stand sells pistachio ice cream Police department buys new cars Mayor leads creation of a new budget for education Elevator-construction company builds a new facto Local businessperson purchases corn from Mexico Sports-gear company sells hockey gloves to Canadian team Bike store sells five used carbon-fiber bikes roceries 410 points awarded 500 300 606 490 200 200 Scored eBook Print Instructions: Round your answers to the nearest dollar. References a. Consumption- 707 thousand Investment Mc Graw Hill 12:35 AM 7/30/2018 Search the web and Windows Homework 7-Goo..Explanation / Answer
Investment spending = Mayor lead creation of new budget for education + elevator company builds a new factory = $900($600+$300)
Government spending = purchase of cars by police + sports gear company selling to hockey team = $700($200+$500)
GDP = Consumption+ Investment spending+ Government spending + Net exports
GDP = $707+$700+$900+(-$200) = $2107
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