Domestic GDP Expenditure Exports Imports Total Expenditures (Y) C + I + G (X) (IM) C + I + G + (X − IM) $2,500 $3,100 $650 $250 _____ 3,000 3,400 650 300 _____ 3,500 3,700 650 350 _____ 4,000 4,000 650 400 _____ 4,500 4,300 650 450 _____ 5,000 4,600 650 500 _____ 5,500 4,900 650 550 _____ In Table 36-2, what are net exports when GDP = 3,500?

Domestic GDP Expenditure Exports Imports Total Expenditures (Y) C + I + G (X) (IM) C + I + G + (X − IM) $2,500 $3,100 $650 $250 ___ 3,000 3,400 650 300 _ 3,500 3,700 650 350 _ 4,000 4,000 650 400 _ 4,500 4,300 650 450 _ 5,000 4,600 650 500 _ 5,500 4,900 650 550 ___ In Table 36-2, what are net exports when GDP = 3,500?

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: Production And Growth

Section: Chapter Questions

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Domestic				GDP
Expenditure		Exports	Imports	Total Expenditures
(Y)	C + I + G	(X)	(IM)	C + I + G + (X − IM)
$2,500	$3,100	$650	$250	_____
3,000	3,400	650	300	_____
3,500	3,700	650	350	_____
4,000	4,000	650	400	_____
4,500	4,300	650	450	_____
5,000	4,600	650	500	_____
5,500	4,900	650	550	_____

	a.	300
	b.	400
	c.	100
	d.	200