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During 2019, a country has consumption expenditures of $3.0 trillion, investment expenditures of $1.5 trillion, government expenditure of $1.5 trillion, exports of $1.0 trillion, and imports of $1.5 trillion. Aggregate expenditure for the country is:

Answer :

Final answer:

The aggregate expenditure for the country is $6.5 trillion.

Explanation:

To calculate the aggregate expenditure for the country, we need to sum up the values of consumption expenditures, investment expenditures, government expenditure, and net exports.

  1. Consumption expenditures: The given information states that the country has consumption expenditures of $3.0 trillion.
  2. Investment expenditures: The given information states that the country has investment expenditures of $1.5 trillion.
  3. Government expenditure: The given information states that the country has government expenditure of $1.5 trillion.
  4. Net exports: Net exports are calculated by subtracting imports from exports. The given information states that the country has exports of $1.0 trillion and imports of $1.5 trillion. Therefore, the net exports are $1.0 trillion - $1.5 trillion = -$0.5 trillion.

Now, we can calculate the aggregate expenditure by summing up the values:

Aggregate expenditure = Consumption expenditures + Investment expenditures + Government expenditure + Net exports

Aggregate expenditure = $3.0 trillion + $1.5 trillion + $1.5 trillion + (-$0.5 trillion)

Aggregate expenditure = $6.5 trillion

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Rewritten by : Jeany

Final answer:

The aggregate expenditure for the country is $6.5 trillion.

Explanation:

To calculate the aggregate expenditure for the country, we need to sum up the values of consumption expenditures, investment expenditures, government expenditure, and net exports.

  1. Consumption expenditures: The given information states that the country has consumption expenditures of $3.0 trillion.
  2. Investment expenditures: The given information states that the country has investment expenditures of $1.5 trillion.
  3. Government expenditure: The given information states that the country has government expenditure of $1.5 trillion.
  4. Net exports: Net exports are calculated by subtracting imports from exports. The given information states that the country has exports of $1.0 trillion and imports of $1.5 trillion. Therefore, the net exports are $1.0 trillion - $1.5 trillion = -$0.5 trillion.

Now, we can calculate the aggregate expenditure by summing up the values:

Aggregate expenditure = Consumption expenditures + Investment expenditures + Government expenditure + Net exports

Aggregate expenditure = $3.0 trillion + $1.5 trillion + $1.5 trillion + (-$0.5 trillion)

Aggregate expenditure = $6.5 trillion

Learn more about calculating aggregate expenditure here:

https://brainly.com/question/33806394

#SPJ14