ECON 2Peer Review
Week 3: GDP Measurement

Q5 · Complete the aggregate expenditure exercise

Prompt

Use the table to answer parts I–IV. You may assume that planned investment (Iᵖ), government expenditures (G), and net exports (NX) are constant across output levels Y. Given values are locked; enter numbers into the blank cells as you work.

Aggregate expenditure worksheet
Shaded cells are given. Every blank cell accepts a number.
0 of 30 cells complete
Real GDP and aggregate expenditure components at six output levels.
Real GDP(Y)Consumption(C)Planned Investment(Iᵖ)Government Expenditures(G)Net Exports(NX)Aggregate Expenditures(AE)Change in Inventory(ΔInv)
1,000 given
2,000 given325 given
3,000 given100 given
4,000 given2,825 given
5,000 given3,575 given
6,000 given4,325 given250 given
Subquestions

Parts I, III, and IV accept numbers only. Part II is a written explanation.

I.

Enter a numerical value.

II.
III.

Enter the output level as a number.

IV.

Enter the new output level as a number.

0 of 4 subquestions complete · table entries save automatically