Solved

-In the Table Above, What Do Net Exports Equal?
A)

Question 262

Multiple Choice

 Component  Amount  (billions of dollars)   Government  expenditure,G 700 Net taxes, T600 Investment ,I350 Savings, S500\begin{array}{|l|l|}\hline \text { Component } & \begin{array}{l}\text { Amount } \\\text { (billions of dollars) }\end{array} \\\hline \begin{array}{l}\text { Government } \\\text { expenditure,G }\end{array} & 700 \\\hline \text { Net taxes, } T & 600 \\\hline \text { Investment }, I & 350 \\\hline \text { Savings, } S & 500 \\\hline\end{array}
-In the table above, what do net exports equal?


A) a surplus of $1,750 billion
B) a deficit of $700 billion
C) a deficit of $350 billion
D) a surplus of $50 billion

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions