Question
The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investment ($320), imports ($35), exports ($45), personal
The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investment ($320), imports ($35), exports ($45), personal consumption expenditures ($2,460), and government purchases ($470). What is Net Exports in this economy?
Multiple Choice
- 45 billion
- 10 billion
- 80 billion
- 35 billion
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Managerial Economics
Authors: William F. Samuelson, Stephen G. Marks
8th edition
1118808940, 978-1119025900, 1119025907, 978-1119025924, 978-1118808948
