Next, the President wants the Economists to estimate the GDP of Toontown. The Economists have the following data in hand (in billions of dollars).
Personal Consumption Expenditures $4,500
Consumption of Fixed Capital 150
Gross Private Domestic Investment 800
Government Purchases 950
Exports 65
Imports 85
Answer the following questions based on the table above:
How much are the net exports of Toontown?
Multiple Choice
$80 billion
-$20 billion
-$30 billion