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In 2020, the U.S. purchased $1.5 billion worth of goods and services from foreign countries, sold $2 billion worth of goods and services to foreign countries and had national saving of $1.25 billion. What was the value of its domestic invesment in 2020?

In 2020, the U.S. purchased $1.5 billion worth of goods and services from foreign countries, sold $2 billion worth of goods and services to foreign countries and had national saving of $1.25 billion. What was the value of its domestic invesment in 2020?

Intermediate Algebra
Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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In 2020, the U.S. purchased $1.5 billion worth of goods and services from foreign countries, sold $2 billion worth of goods and services to foreign countries and had national saving of $1.25 billion. What was the value of its domestic invesment in 2020?
Transcribed Image Text:In 2020, the U.S. purchased $1.5 billion worth of goods and services from foreign countries, sold $2 billion worth of goods and services to foreign countries and had national saving of $1.25 billion. What was the value of its domestic invesment in 2020?
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