Amount of net exports of goods and services


A very small country's gross domestic product is $12 million. a. 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 in Problem 1 if the gross domestic product had been $14 million?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Amount of net exports of goods and services
Reference No:- TGS0551521

Now Priced at $20 (50% Discount)

Recommended (99%)

Rated (4.3/5)