Calculate Iberias imports of goods and services. Use the following data on the economy of Iberia. Net
Question:
Calculate Iberia’s imports of goods and services.
Use the following data on the economy of Iberia.
- Net taxes $18 billion
- Government expenditure $20 billion
- Saving $15 billion
- Consumption expenditure $67 billion
- Investment $21 billion
- Exports $30 billion
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GDP equals C I G NX Rearranging NX GDP C I G So Iberias n...View the full answer
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