How is GDP = Net Exports of Goods and Services (NX) + Consumption (C) + Gross Private Domestic Investment (I) + Government Consumption and Gross Investment (G) = - 3 + 65 + 30 + 18 = 100 and not 110?
Gross Domestic Product!!!
It is the total value of goods and services purchased in an economy during a financial year. GDP drives the employment, per capita income with it and positively related with them.
Answer and Explanation:
GDP = C + I + G + X - M
where X-M is net exports
GDP = 65 + 30 + 18 - 3 = 110
Thus GDP would be 110 not 100 for sure.
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Learn more about this topic:
from Economics 102: MacroeconomicsChapter 4 / Lesson 3