All of us use of the cost-benefit principle in our daily lives to make economic choices.State an instance where you made use of the cost-benefit…
September 3, 2020
Part 2: More simple linear regression in Stata (25 points total) 1. (5 points) Consider a simple linear regression model relating the log of the…
September 3, 2020

Can you solve this? It’s ECO2013, Paige at Santa Fe College.

1. Find nominal GDP for the US in 2002 (dollar figures are in billions). Show your work! (all the numbers below are nominal) (10 points)consumption $7304 gross private investment $1593wages $5 977 government purchases $1973indirect taxes $ 695 net interest $ 684net exports $-424 depreciation $1393rent $ 142 profit $1545 net foreign factor income earned in the US $ 10

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