If private consumption in Canada was 67 percent of GDP,investment was 16 percent,government purchases were 13 percent,exports were 12 percent,and imports were 8 percent,what is the net exports percentage of GDP?
A)-20 percent
B)-4 percent
C)4 percent
D)20 percent

Question

Quizplus · Accepted Answer

Net exports can be calculated by subtracting imports from exports, so net exports = exports - imports = 12% - 8% = 4%.

If Private Consumption in Canada Was 67 Percent of GDP,investment