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Other Fields Homework Help Economics Topic started by: dex0388 on Nov 10, 2022



Title: The Components of GDPIn a small economy, nominal GDP is $12,000. Consumption spending is $8750, ...
Post by: dex0388 on Nov 10, 2022
The Components of GDP

In a small economy, nominal GDP is $12,000.  Consumption spending is $8750, government purchases are $2100, and gross private domestic investment is $1800. What is the value of net exports?

▸ -$650

▸ $4850

▸ $16,850

▸ $650


Title: The Components of GDPIn a small economy, nominal GDP is $12,000. Consumption spending is $8750, ...
Post by: rick32 on Nov 10, 2022
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