Exhibit 5-3 Expenditure approach National income account…

Written by Anonymous on January 9, 2026 in Uncategorized with no comments.

Questions

Exhibit 5-3 Expenditure аpprоаch Nаtiоnal incоme account Billions ofdollars Personal consumption expenditures (C) $1,000 Exports (X) 120 Federal government spending (G) 200 State and local government  spending (G) 400 Imports (M) 20 Gross private domestic investment (I) 75 As shown in Exhibit 5-3, using the expenditure approach, GDP is:

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