GDP equals $1.2 trillion.If consumption equals $690 billion,investment equals $200 billion,and government spending equals $260 billion,what can we conclude about the value of exports and imports for the country?
A) Imports exceed exports by $50 billion.
B) Exports exceed imports by $50 billion.
C) Imports exceed exports by $150 billion.
D) Exports exceed imports by $150 billion.
Correct Answer:
Verified
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