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choco1433 choco1433
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A year ago
The table below shows the values of various economic variables of a country during a particular year.

VariablesValue
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

Macroeconomics


Edition: 3rd
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Kmc14Kmc14
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A year ago
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