3-2 Simulation Checkpoint Assignment ECO-202-T5625 Macroeconomics

Table 1: Real GDP and Its Components

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Consumption 55.0 69.8 86.1 102.1 107.3 130.6 157.8 183.2

Government Expenditure 30.0 30.0 15.0 30.0 32.0 28.0 30.0 30.0

Investment 15.0 16.2 18.6 21.5 21.4 27.2 29.3 33.3

Exports 25.0 26.0 27.3 28.6 30.3 32.0 33.9 36.3

Imports 25.0 31.2 37.6 43.4 43.7 50.7 58.5 64.4

Nominal GDP 100.0 110.7 109.4 138.8 147.4 167.2 192.5 218.3

Real GDP 100.0 107.0 99.4 126.7 125.7 133.1 148.8 158.5