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(Solved): The table below shows hypothetical values of the expenditure components for the United States in \ ...



The table below shows hypothetical values of the expenditure components for the United States in \( 2015 . \)
Expenditures inThe table below shows hypothetical values of the expenditure components for the United States in \( 2016 . \)
Expenditures in

The table below shows hypothetical values of the expenditure components for the United States in \( 2015 . \) Expenditures in the United States Using the values in the table, calculate the following aggregate expenditures and nominal GDP. Instructions: Round your answers to one decimal place. a. What is the value of consumption expenditures in 2015 ? b billion b. What is the value of government expenditures in \( 2015 ? \) \$ billion c. What is the value of gross investment in 2015 ? \( \$ \) billion The table below shows hypothetical values of the expenditure components for the United States in \( 2016 . \) Expenditures in the United States Using the values in the table, calculate the following aggregate expenditures and nominal GDP. Instructions: Round your answers to one decimal place. If you are entering a negative number, include a minus si a. Calculate consumption expenditures in \( 2016 . \) \( \$ \quad \) billion b. Calculate the amount of net exports in \( 2016 . \) \( \$ \) billion c. Calculate nominal GDP in 2016 . \( \$ \) billion


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Answer : consumption expenditure = durable goods + non durable goods + services = $1139.3 + $2436.8 + $6994.5 = $10570.6 Goverment expendi
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