Solved

-In the Above Table,net Exports Equals a
A) Surplus of \text

Question 52

Multiple Choice

 Component  Amount  (billions of dollars)   Investment, I700 Net taxes, T1,300 Government expenditure, G1,200 Exports, X1,500 Imports, M1,700\begin{array} { | l | c |} \hline { \text { Component } } & \begin{array} { c } \text { Amount } \\\text { (billions of dollars) }\end{array} \\\hline \text { Investment, } I & 700 \\\hline \text { Net taxes, } T & 1,300 \\\hline \text { Government expenditure, } & \\G & 1,200 \\\hline \text { Exports, } X & 1,500 \\\hline \text { Imports, } M & 1,700 \\\hline\end{array}
-In the above table,net exports equals a


A) surplus of $200 billion.
B) deficit of $200 billion.
C) surplus of $100 billion.
D) deficit of $100 billion.

Correct Answer:

verifed

Verified

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

Related Questions