Consider a country with consumption expenditures, private investment expenditures, government purchases, imports, and exports as summarized...
Consider a country with consumption expenditures, private investment expenditures, government purchases, imports, and exports as summarized in the table below (each measured in millions of dollars):
|
Consumption expenditures |
Investment expenditures |
Government purchases |
Imports |
Exports |
|
$797 |
$112 |
$235 |
$86 |
$104 |
For this country, “net exports (NX) or (X)” are equal to
Question 13 options:
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Homework Answers
Net exports is the difference between exports and imports. Net exports can be positive or negative.
In the given question Exports are given = $104 million and Imports are = $86 million
Net Exports = Exports - Imports
Net Exports = $104 million - $86 million
Net Exports = $18 million
Answer - 1) $18 million
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