GDP In an economy is $12,050 billion. Consumer expenditures are $8,700 billion, government purchases are $1,900 billion, and gross Investment Is $1,450 billion. Net exports must be Multiple Cholce -$50 billion. $50 billion. $450 billion. $240 billion. $0 billion.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 1SCQ: Country A has export sales of 20 billion, government purchases of 1,000 billion, business investment...
icon
Related questions
Question

What would be the answer? 

GDP In an economy is $12,050 billion. Consumer expenditures are $8,700 billion, government purchases are $1,900 billion, and gross Investment Is $1,450 billion. Net exports must be
Multiple Cholce
-$50 billion.
$50 billion.
-$450 billion.
$240 billion
$0 billion.
Transcribed Image Text:GDP In an economy is $12,050 billion. Consumer expenditures are $8,700 billion, government purchases are $1,900 billion, and gross Investment Is $1,450 billion. Net exports must be Multiple Cholce -$50 billion. $50 billion. -$450 billion. $240 billion $0 billion.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Fundraising
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
ECON MACRO
ECON MACRO
Economics
ISBN:
9781337000529
Author:
William A. McEachern
Publisher:
Cengage Learning
Brief Principles of Macroeconomics (MindTap Cours…
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Survey Of Economics
Survey Of Economics
Economics
ISBN:
9781337111522
Author:
Tucker, Irvin B.
Publisher:
Cengage,
MACROECONOMICS FOR TODAY
MACROECONOMICS FOR TODAY
Economics
ISBN:
9781337613057
Author:
Tucker
Publisher:
CENGAGE L