Business, 15.09.2021 22:50 trobbie817

Macro Economics Please help :)

If:
Gross domestic expenditure (GDE)
=1 000
Exports of goods and services
=200
Imports of goods and services
=250
Consumption expenditure of households
=600
Change in inventories
=-50
Consumption expenditure of general government =250
Depreciation (consumption of fixed capital) =100
a) Calculate GDP
b) Calculate the gross fixed investment expenditure (or capital formation)
c) Calculate the net fixed investment expenditure (or capital formation)
d) Which approach to measure GDP is being used?

And please explain to me the difference between gross capital formation and net capital formation :)

Answers: 2

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Macro Economics Please help :)

If:
Gross domestic expenditure (GDE)
=1 000...