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4) 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?

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