Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please see attached Suppose GDP is $1,460, consumption expenditure is $1,400, government expenditure is $30, and net exports are -$50. a} What is business investment

please see attached

image text in transcribed
Suppose GDP is $1,460, consumption expenditure is $1,400, government expenditure is $30, and net exports are -$50. a} What is business investment expenditure? Investment expenditure = 5' b} If exports are $231]. what are imports? c} In this example, net exports are negative. Could theyr be positive? Can net exports be positive? _

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The End Of Poverty Economic Possibilities For Our Time

Authors: Jeffrey D Sachs, Bono

1st Edition

0143036580, 9780143036586

More Books

Students also viewed these Economics questions

Question

Describe major criticisms of Freuds system of thought.

Answered: 1 week ago