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Give a brief history of the country, including economic indicators and historical events that impacted economic outcomes.

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Give a brief history of the country, including economic indicators and historical events that impacted economic outcomes. This should include a discussion of the overall economic health of the country. For this section, you will create 2 graphs, each showing your country and the US over the past 20 years. Choose 2 of the variables […]

In 2020, the GDP of the United States was $18.43 trillion. (All figures are in terms of constant 2012 dollars.) In that year, private consumption was $12.73 trillion, investment was $3.26 trillion, and government expenditure was $3.34 trillion. Based on the fundamental macroeconomic identity, how large was the US trade deficit?

Posted on by Ambrose

Module 2 Quiz QUESTION 1 Historically, in nearly all years since 1929 private investment in the United States has been a. more than 60 percent of GDP. b. no more than 10 percent of GDP. c. between 20 to 30 percent of GDP. d. less than or equal to 20 percent of GDP. QUESTION 2 […]

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