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    Annual GDP Change

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    Caculate the total change in a years GDP:

    On March 31, you decide to stop throwing away $50 a month on convenince store nachos. You buy $200 worth of equipment, corn meal, and cheese, and make your own nachos for the rest of the year.

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    Solution Preview

    If we assume the year to start on 1st January and end on 31st December, then you have already spent $50 per month for three months adding $50 x 3 = $150 to the year's ...

    Solution Summary

    This solution calculates the total change in a year's GDP.