Mathematics, 28.09.2019 16:30 vliu732

Macroeconomics calculation

find government spending with the follow information:
gdp = $123 million
consumer spending = $72 million
financial investment spending = $12 million
investment spending = $25 million
net exports = $5 million

so i know the formula is:
c + ig + g + (x - m) = gdp
i believe im finding g
i think it goes something like this:
72,000,000 + 25,000,000 + g + (5,000,000)
im not sure though and i need some more with the rest.
i have a few more questions like this so if anyone can explain this one too me, i can do the rest on my own

Answers: 1

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Macroeconomics calculation

find government spending with the follow information:
...