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Consider the following table showing the breakdown of GDP (in billions) for Canada.

Consumption1400
Investment1000
Government Expenditure400
Exports20
Imports50

Using the expenditure approach, calculate GDP for Canada.

$   Hint

Consider the following table showing the breakdown of GDP (in billions) for the US.

Consumption1500
Investment1000
Government Expenditure100
Exports30
Imports10

1. What are net exports for the US.

 

Hint

2. the US is experiencing:

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