Gross Domestic Product equals $1.2 trillion. If consumption equals $690 billion, investment equals $200 billion, and government spending equals $260 billion, then:
options:

If consumption equals $690 billion, investment equals $200 billion, and government spending equals $260 billion, then: imports exceed exports by $50 billion.

Import and export

Using this formula

GDP=C + I + G + (Exports – Imports)

Gross Domestic Product=Gross Domestic Product-(Consumption-Investment-Government spending)

Let plug in the formula

Gross Domestic Product=$1.2 trillion-( $690 billion+$200 billion+$260 billion

Gross Domestic Product=$50 billion

Inconclusion If consumption equals $690 billion, investment equals $200 billion, and government spending equals $260 billion, then: imports exceed exports by $50 billion.

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Gross Domestic Product equals $1.2 trillion. If consumption equals $690 billion, investment equals $200 billion, and government spending equals $260 billion, then: options:

Respuesta :

Import and export

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Gross Domestic Product equals $1.2 trillion. If consumption equals $690 billion, investment equals $200 billion, and government spending equals $260 billion, then:
options: