Calculate total investment for this nation for the year

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Reference no: EM131200384

Calculate total investment for this nation for the year.

Calculate GDP for this nation for the year.

Businesses spent $2800 on factories and equipment used in production

Households spent $1500 on services

Households spent $4000 on houses

Government spent $2500 on "regular" government purchases

Government spent $1100 on a Welfare transfer program

Exports were $800

Imports were $3400

Businesses added $1200 to their inventories

Households bought $2000 in goods (both durable and nondurable)

Reference no: EM131200384

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