What were country as government purchases in 2010

Reference no: EM13755920

The table below contains data for country A for the year 2010.

Household purchases of durable goods	$1293
Household purchases of nondurable goods	$1717
Household purchases of services	$301
Household purchases of new housing	$704
Purchases of capital equipment	$310
Inventory changes	$374
Purchases of new structures	$611
Depreciation	$117
Salaries of government workers	$1422
Government expenditures on public works	$553
Transfer payments	$777
Foreign purchases of domestically produced goods	$88
Domestic purchases of foreign goods	$120

Refer to the Table above to answer the following questions.

a. What was country A's GDP in 2010?

GDP of country A in 2010 was $7253.

b. What was country A's consumption in 2010?

c. What was country A's investment in 2010?

d. What were country A's government purchases in 2010?

e. What were country A's exports and imports in 2010? What was the net export in 2010?

Reference no: EM13755920

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