Solved: Amount of net exports of goods and services, Finance Basics

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Amount of net exports of goods and services

Question:

A very small country's gross domestic product is $12 million. If government expenditures amount to $7.5 million and gross private domestic investment is $5.5 million, what would be the amount of net exports of goods and services?

How would your answer change if the gross domestic product had been $14 million?

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Finance Basics: Amount of net exports of goods and services

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Finance Basics: Amount of net exports of goods and services

Reference No:- TGS02070211

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