Question

Macmillan Learning Table: Data from Europia Account Amount Consumption expenditures $9,000 Business profits 2,500 Exports 800 Imports 1,000 Wages and salaries 8,000 Government purchases 3,000 Rent receipts 500 Investment expenditures 2,000 Based on the data in the table, what is net exports in the economy of Europia? -$200 -$1,800 $2,800 $1,000

          Macmillan Learning
Table: Data from Europia
Account
Amount
Consumption expenditures $9,000
Business profits
2,500
Exports
800
Imports
1,000
Wages and salaries
8,000
Government purchases
3,000
Rent receipts
500
Investment expenditures 2,000
Based on the data in the table, what is net exports in the economy of Europia?
-$200
-$1,800
$2,800
$1,000

Macmillan Learning
Table: Data from Europia
Account
Amount
Consumption expenditures 9,000
Business profits
2,500
Exports
800
Imports
1,000
Wages and salaries
8,000
Government purchases
3,000
Rent receipts
500
Investment expenditures 2,000
Based on the data in the table, what is net exports in the economy of Europia?
-200
-1,8002,800
1,000

Added by Francisca C.

Principles of Economics

Gregory Mankiw 8th Edition

Instant Answer

Solved by Expert Heather Duong

11/13/2020

Step 1

Total exports = $800 Total imports = $1,000 Show more…

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Table: Data from Europia Macmillan Learning Account Amount Consumption expenditures $9,000 Business profits $2,500 Exports $800 Imports $1,000 Wages and salaries $8,000 Government purchases $3,000 Rent receipts $500 Investment expenditures $2,000 Based on the data in the table, what is net exports in the economy of Europia? -$200 -$1,800 $2,800 $1,000