If consumption is $6 trillion, investment is $3 trillion, government purchases are $1 trillion, and GDP is $12 trillion, then net exports must equal:
A) $22 trillion.
B) $10 trillion.
C) $2 trillion.
D) $12 trillion.

Question

Quizplus · Accepted Answer

GDP = Consumption + Investment + Government Purchases + Net Exports
12 trillion = 6 trillion + 3 trillion + 1 trillion + Net Exports
Net Exports = 12 trillion - 6 trillion - 3 trillion - 1 trillion
Net Exports = $2 trillion

If Consumption Is $6 Trillion, Investment Is $3 Trillion, Government