Consumption spending is $4.5 billion, investment is $3 billion, and government expenditures are $2 billion.If GDP is $14 billion, which of the following could be true regarding exports and imports in the economy?
A) Exports are $4.5 billion and imports are $2 billion.
B) Exports are $6 billion and imports are $8.5 billion.
C) Exports are $9 billion and imports are $6 billion.
D) Exports are $15 billion and imports are $10.5 billion.
E) Exports are $17 billion and imports are $6 billion.
Correct Answer:
Verified
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