-The Table Above Gives the Values of Different Expenditures in the United

question 35

Essay

-The table above gives the values of different expenditures in the United States during 1999. Answer the following questions about the United States.
a) What was the value of net exports of goods and services in 1999?
b) What was (nominal) GDP equal to in 1999?
c) What was the (nominal) value of total production equal to in 1999?

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Definitions:

Spending Habits

Patterns or behaviors related to how individuals use their money, including savings, investing, and expenses.

Civic Groups

Organizations consisting of citizens who come together to address issues of public concern or to engage in voluntary activities for the betterment of their community.

Social Relationships

Connections between individuals based on social interactions, affiliations, or perceived social ties, impacting their behavior and attitudes.

Negative Habit

A repetitive behavior that is detrimental to one's health, well-being, or social functioning.