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

Consumption1900
Investment500
Government Expenditure200
Exports20
Imports20

Using the expenditure approach, calculate GDP for Japan.

$   Hint

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

Consumption1200
Investment500
Government Expenditure400
Exports50
Imports50

1. What are net exports for Norway.

 

Hint

2. Norway is experiencing:

Hint


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MathQuill
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   x    (   ) π DNE
( ) ( ] [ ) [ ] —∞ DNE
< > or All Real Numbers DNE
log logn ln n  | | e 
sin cos tan arcsin arccos arctan  
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