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In: Economics

Category Billions of current dollars 1998 2008 2018 2028 1. Gross Domestic Product $9062.8 14,712.8 $20,494.1...

Category Billions of current dollars

1998 2008 2018 2028

1. Gross Domestic Product $9062.8 14,712.8 $20,494.1 $30,493.1

2. Personal Consumption expenditures 5,877.2 9,976.3 13,948.5 ______

3. Gross Private domestic investment 1,736.7 _____ 3,650.1 5,822.0

Government expenditures   1,611.6 2,982.0 3,520.8 4,741.3

4. Exports 953.0 1,837.1 ______ 3891.0

Imports 1,115.7 2, 560.1 3,156.7 4,711.5

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Above is a hypothetical table like on the Bureau of Labor and Statistics when reporting historical and forecasted levels of gross domestic product for the US.  Fill in the blanks with the missing estimates . Show all work.  

  1. 2028 Personal Consumption Expenditures Answer (Remember to show work):
  2. 2008 Gross Private Domestic Investment Answer (Remember to show work):
  3. 2018 Exports Answer (Remember to show work):

Solutions

Expert Solution

Rahul Sunny answered 1 year ago
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