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-Using the Data in the Above Table, Suppose Imports Equals

Question 369

Multiple Choice

 Item  Billions of  dollars  Exp orts of goods and services, X500 Imports of goods and services, M Net taxes, T750 Government exp enditure, G Saving, S1,000 Investment, I\begin{array} { | l | l | } \hline \text { Item } & \begin{array} { l } \text { Billions of } \\\text { dollars }\end{array} \\\hline \text { Exp orts of goods and services, } X & 500 \\\hline \text { Imports of goods and services, } M & \\\hline \text { Net taxes, } T & 750 \\\hline \text { Government exp enditure, } G & \\\hline \text { Saving, } S & 1,000 \\\hline \text { Investment, } I & \\\hline\end{array}
-Using the data in the above table, suppose imports equals $250 billion and investment equals
$1,000 billion. Hence government expenditure equals


A) $500 billion.
B) $250 billion.
C) $1,000 billion.
D) $750 billion.

Correct Answer:

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