The following are national income account data for a hypothetical economy in billions of dollars: gross private
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Question:
The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investment ($320), imports ($35), exports ($22), personal consumption expenditures ($2,460), and government purchases ($470). What is Net Exports in this economy?
Multiple Choice
- 22 billion
- 35 billion
- -13 billion
- 57 billion
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