Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The GDP of a country for 2020 was $10 trillion. The consumption expenditures were $7 trillion and the government purchases were $2 trillion. If the
The GDP of a country for 2020 was $10 trillion. The consumption expenditures were $7 trillion and the government purchases were $2 trillion. If the imports exceeded exports by $1 trillion what will be the private investment for the year.
$1 trillion | ||
$2 trillion | ||
$3 trillion | ||
$4 trillion |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started