Question 21 Year 2012 (in billions of dollars) Consumption spending $ 70 Investment spending $ 22 Interest $ 18 Profit $ 24 Wages $ 32 Government purchases $ 18 Imports $ 12 Exports $8 Using the table above calculate the following, for full credit state the equation in words first: a.) Net Exports b.) GDP 3 pts
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Net Exports = Exports - Imports Net Exports = $8 - $12 Net Exports = -$4 billion Show more…
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