What share of gdp does each component represent

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Reference no: EM131719230

According to Acirema Stat, for the year 2016, private final consumption expenditure in Acirema amounted to $179,130 mio, general government final consumption expenditure to $79,798 mio, gross fixed capital formation to $77,985 mio and changes in inventories to $4,799 mio. Besides, the total value of Acireman exports of goods and services for that year equals $295,645 mio, while the total value of Acireman imports of goods and services equals $292,681 mio.

(a) Compute the Acireman GDP for 2016.

(b) What share of GDP does each component represent.

Reference no: EM131719230

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