Try another version of these questions
Consider the following table showing the breakdown of GDP (in billions) for Mexico.
Consumption | 1600 |
---|---|
Investment | 600 |
Government Expenditure | 200 |
Exports | 20 |
Imports | 30 |
Using the expenditure approach, calculate GDP for Mexico.
$ Hint 2390
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Consider the following table showing the breakdown of GDP (in billions) for Norway.
Consumption | 1800 |
---|---|
Investment | 1000 |
Government Expenditure | 300 |
Exports | 40 |
Imports | 30 |
1. What are net exports for Norway.
10
Hint
2. Norway is experiencing:
Trade Surplus.
Hint
Box 1: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4)
Enter DNE for Does Not Exist, oo for Infinity
Box 2: Select the best answer