Question
Suppose GDP is $1,810, consumption expenditure is $1,800, government expenditure is $30, and net exports are -$70. a) What is business investment expenditure? b) If
Suppose GDP is $1,810, consumption expenditure is $1,800, government expenditure is $30, and net exports are -$70.
a)What is business investment expenditure?
b)If exports are $280, what are imports?
c)In this example, net exports are negative. Could they be positive?
Can net exports be positive?
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Why Nations Fail The Origins Of Power, Prosperity, And Poverty
Authors: Daron Acemoglu, James Robinson
1st Edition
0307719227, 9780307719225
