The following table contains data for country A for the year 2019. In Billions of Dollars $1,293 $1,717 $301 $704 $310 $374 $611 $117 Category Household purchases of durable goods Household purchases of nondurable goods Household purchases of services Household purchases of new housing Purchases of capital equipment Inventory changes Purchases of new structures Depreciation Salaries of government workers $1,422 Government expenditures on public works $553 $777 Transfer payments Foreign purchases of domestically produced goods Domestic purchases of foreign goods $88 $120 D

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Refer to Table 24-2. What was country A's GDP in 2019?
O a. $6,359
O b. $7,253
O c. $7,136
O d. $8,147
Transcribed Image Text:Refer to Table 24-2. What was country A's GDP in 2019? O a. $6,359 O b. $7,253 O c. $7,136 O d. $8,147
The following table contains data for country A for the year 2019.
In Billions of
Dollars
$1,293
$1,717
$301
$704
$310
Inventory changes
$374
Purchases of new structures
$611
Depreciation
$117
Salaries of government workers
$1,422
Government expenditures on public works $553
$777
$88
$120
Category
Household purchases of durable goods
Household purchases of nondurable
goods
Household purchases of services
Household purchases of new housing
Purchases of capital equipment
Transfer payments
Foreign purchases of domestically
produced goods
Domestic purchases of foreign goods
4
Transcribed Image Text:The following table contains data for country A for the year 2019. In Billions of Dollars $1,293 $1,717 $301 $704 $310 Inventory changes $374 Purchases of new structures $611 Depreciation $117 Salaries of government workers $1,422 Government expenditures on public works $553 $777 $88 $120 Category Household purchases of durable goods Household purchases of nondurable goods Household purchases of services Household purchases of new housing Purchases of capital equipment Transfer payments Foreign purchases of domestically produced goods Domestic purchases of foreign goods 4
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