Solved

Assume Net Exports Are R-4180, Consumption Is R95 000, Tax

Question 58

Multiple Choice

Assume net exports are R-4180, consumption is R95 000, tax revenues are r₁9 000, government purchases are R28 500, and 2010 GDP, calculated by the expenditures approach, is r₁52 000.We can conclude that


A) private investment was R36 860.
B) public investment was R5 890.
C) private investment was R9 880.
D) private investment was R32 680.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions