Problem
A. If imports are $2 trillion, exports are $1.9 trillion, consumption is $3.8 trillion, investment is $700 billion, and government spending is $1.1 trillion, how much is GDP?
B. If consumption is $2.5 trillion, investment is $900 billion, government spending is $700 billion, imports are $1.2 trillion, and exports are $1.4 trillion, how much is GDP?
C. GDP rises from $4 trillion in 2010 to $7 trillion in 2013. The GDP deflator in 2013 is 120. Find real GDP in 2013. Find the percentage increase in GDP between 2010 and 2013.
D. GDP rises from $5.5 trillion in 2014, the base year, to $9.5 trillion in 2018. The GDP deflator in 2018 is 140. Find real GDP in 2018. Find the percentage increase in real GDP between 2014 and 2018.
E. Find per capita GDP when the population is 100 million, and GDP is $2 trillion.
F. Find per capita GDP when the population is 300 million, and GDP is $1.5 trillion.