Question
Suppose Japanese GDP for this year is $2,000 billion, measured in U.S. dollars. Japan exports 7% of its GDP and its imports are 3% of
Suppose Japanese GDP for this year is $2,000 billion, measured in U.S. dollars. Japan exports 7% of its GDP and its imports are 3% of its GDP. What is the value of domestic spending (C + I + G) in this year expressed in US dollars?
| $1,900 billion | ||
| $1,920 billion | ||
| $1,940 billion |
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
1st Edition
0131163604, 9780131163607
