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A Country Recently Had GDP of $1,200 Billion

Question 86

Essay

A country recently had GDP of $1,200 billion. Its consumption expenditures were $700 billion, its government spent $200 billion, and it had domestic investment of $175 billion. What was the value of this country's net capital outflow? Show your work.

Correct Answer:

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Y = C + I + G + NX
$1,200 bill...

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