Assume a small nation has the following statistics: its consumption expenditure is $15 million,investment is $2 million,government expenditure on goods and services is $1 million,exports of goods and services to foreigners is $1 million,and imports of goods and services from foreigners is $1.5 million.Calculate this nation's GDP.

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The Answer of Assume a small nation has the following statistics: its consumption expenditure is $15 million,investment is $2 million,government expenditure on goods and services is $1 million,exports of goods and services to foreigners is $1 million,and imports of goods and services from foreigners is $1.5 million.Calculate this nation's GDP.

Assume a Small Nation Has the Following Statistics: Its Consumption