72 517
Assignments Done
Successfully Done
In April 2019

Answer to Question #57388 in Macroeconomics for Kristen Ashley Marie

Question #57388
how do you find the percentages of GDP by composition
Expert's answer
If we consider GDP as the sum of expenditures Y = C + I + G + NX, where C is consumption, I is investment, G is government purchases and NX is net exports, then the percentages of GDP by composition can be calculated in such way: the percentage of consumption is C/Y*100%, the percentage of investment is I/Y*100% and so on.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions