If private consumption in the United States were 67 percent of GDP, investment were 16 percent, government

Question:

If private consumption in the United States were 67 percent of GDP, investment were 16 percent, government purchases were 13 percent, exports were 12 percent, and imports were 8 percent, net exports would be equal to ____________ percent of GDP.

a. 4

b. 4

c. 20

d. 20

e. none of the above

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: