Solved

If Private Consumption in Canada Was 69 Percent of GDP,investment

Question 27

Multiple Choice

If private consumption in Canada was 69 percent of GDP,investment was 18 percent,government purchases were 18 percent,exports were 9 percent,and imports were 14 percent,what percentage of GDP would net exports be equal to?


A) -5
B) 5
C) 23
D) -23

Correct Answer:

verifed

Verified

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

Related Questions

Q22: What would be the impact on aggregate

Q23: During the 1970s,Canadian prices generally rose faster

Q24: If some non-price-level determinant causes total spending

Q25: Which of the following statements about the

Q28: What impact would a combination of the

Q29: Which of the following will NOT result

Q30: What will an economic boom in China

Q31: Other things being equal,what effect would an

Q32: What are the major factors that determine

Q37: The marginal propensity to consume is a