Worksheets mestion 8 - Chapter 7, Measuring GDP: For grades - Connect 7

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 Worksheets mestion 8 - Chapter 7, Measuring GDP: For grades - Connect 7. Measuring GDP: For grades e The table below contains data on the economic activity of a small country. Total value (thousands of dollars) 800 150 5 3 500 Activity Families buy groceries An electronics company sells HD projectors to households A personal trainer gives a Zumba class A custard stand sells pistachio ice cream The police department buys new cars The mayor leads creation of a new budget for education An elevator-construction company builds a new factory A local businessperson purchases corn from Mexico A sports-gear company sells hockey gloves to Russian team A bike store sells five used carbon-fiber bikes A local stockbroker executes trades for clients 380 600 400 200 200 2,000 Using the expenditure approach, determine the following: Instructions: Round your answers to the nearest dollar. a. Consumption = $ thousand b. Investment = $ thousand. C. Government purchases = $ 300 thousand. d. Net exports = $ thousand e. GDP = $ thousand.