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Exhibit: Output and Income Data for the Economy of Argonia

-(Exhibit: Output and Income Data for the Economy of Argonia) What is the value of the net income Argonia has received from other countries?
A) -$100 billion
B) $1,100 billion
C) $100 billion
D) $200 billion

Question

Use the following to answer questions .
Exhibit: Output and Income Data for the Economy of Argonia
 
-(Exhibit: Output and Income Data for the Economy of Argonia) What is the value of the net income Argonia has received from other countries?
A) -$100 billion 
B) $1,100 billion 
C) $100 billion 
D) $200 billion

Quizplus · Accepted Answer

The value of net income received from other countries is calculated as exports minus imports, which is $500 billion minus $400 billion, equal to $100 billion. Therefore, the best answer choice is C.

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