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

Consumption1700
Investment1000
Government Expenditure200
Exports20
Imports30

Using the expenditure approach, calculate GDP for China.

$   Hint

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

Consumption1600
Investment600
Government Expenditure200
Exports20
Imports40

1. What are net exports for Norway.

 

Hint

2. Norway is experiencing:

Hint


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MathQuill
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