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The table below shows the values of various economic variables of a country during a particular ...

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The table below shows the values of various economic variables of a country during a particular ...

The table below shows the values of various economic variables of a country during a particular year.

Variables	Value
Consumption	$185,000
Investment	$60,000
Government expenditure	$103,000
Exports	$54,000
Imports	$50,000

Refer to the table above. If imports falls to $45,000 in the next year, GDP will ________, all other variables remaining unchanged.

▸ increase by $5,000

▸ fall by $5,000

▸ increase by $10,000

▸ fall by $10,000

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 24 times

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More solutions for this book are available here

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choco1433 Author

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Thanks

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Thanks for your help!!

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Good timing, thanks!

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