If private consumption in Canada was 69 percent of GDP,investment was 18 percent,government purchases were 18 percent,exports were 9 percent,and imports were 14 percent,what percentage of GDP would net exports be equal to?
A)-5
B)5
C)23
D)-23

Question

Quizplus · Accepted Answer

Net exports are calculated as exports minus imports. In this case, net exports would be 9% (exports) - 14% (imports) = -5% of GDP.

If Private Consumption in Canada Was 69 Percent of GDP,investment