Question

Use the information below to answer the following question(s). National income account Billions of dollars Personal...

Use the information below to answer the following question(s).


National income account

Billions of
dollars

Personal consumption expenditures

$900

Personal taxes

180

Government consumption and gross investment

300

Interest income

60

Exports

40

Imports

75

Depreciation

60

Gross investment

200



Refer to Exhibit 5-1. What is this country's net exports?

$35.

$-35.

$379.

$-379.

0 0
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Answer #1

Answer
Option 2
$-35

Net export =Export - Import
=40-75
=$-35
the net export is $-35

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