The country of Freedonia has a GDP of $4000, consumption of $1500, and government purchases of $900. What does this situation imply?Question 1 options:Investment is equal to $1600.Investment plus net capital outflow is equal to $1600.Investment plus net exports is equal to $2400.Saving is equal to $2400.   Please give me correct answer with calculation and full explanation  otherwise i give multiple downvote   Note:-

Principles of Macroeconomics (MindTap Course List)
7th Edition
ISBN:9781285165912
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: Open-Economy Macroeconomics: Basic Concepts
Section: Chapter Questions
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The country of Freedonia has a GDP of $4000, consumption of $1500, and government purchases of $900. What does this situation imply?Question 1 options:Investment is equal to $1600.Investment plus net capital outflow is equal to $1600.Investment plus net exports is equal to $2400.Saving is equal to $2400.

 

Please give me correct answer with calculation and full explanation  otherwise i give multiple downvote

 

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Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism.

Answer completely and accurate answer.

Rest assured, you will receive an upvote if the answer is accurate.

 

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