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Question 1

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

Consumption1200
Investment1000
Government Expenditure200
Exports30
Imports10

Using the expenditure approach, calculate GDP for Slovenia.

$   Hint

Question 2

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

Consumption1700
Investment600
Government Expenditure200
Exports20
Imports20

1. What are net exports for China.

 

Hint

2. China is experiencing:

Hint