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The table below gives the values of different expenditures in Canada during 2019. Item Dollars (Billions) Consumption expenditure. 6,258 Investment. 1,623 Government purchases of goods
The table below gives the values of different expenditures in Canada during 2019.
Item Dollars (Billions)
Consumption expenditure. 6,258
Investment. 1,623
Government purchases of goods and services. 1,630
Exports of goods and services. 998
Imports of goods and services. 1,252
(i) What was the value of net exports of goods and services in 2019? [2 marks] (ii) What was the nominal GDP equal to in 2019?
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