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Scenario 4-1 In a Given Year, Country a Exported $12 Million Worth

Question 2

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Scenario 4-1
In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.
-Empirical evidence on the U.S. economy suggests that household spending and income have an inverse relationship.

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