Gross domestic product equals 12 trillion if consumption, Ask an Expert

Economics

Gross Domestic Product equals $1.2 trillion. If consumption equals $690 billion, investment equals $200 billion, and government spending equals $260 billion, then:

a) exports exceed imports by $150 billion.

b) imports exceed exports by $50 billion.

c) exports exceed imports by $50 billion.

d) imports exceed exports by $150 billion.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91565969

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