If private consumption in the United States was 69 percent of GDP, investment was 18 percent, government purchases were 18 percent, exports were 9 percent, and imports were 14 percent, net exports were equal to ____ percent of GDP.
A)-5
B)5
C)-23
D)23

Question

If private consumption in the United States was 69 percent of GDP, investment was 18 percent, government purchases were 18 percent, exports were 9 percent, and imports were 14 percent, net exports were equal to ____ percent of GDP.
A)​-5
B)​5
C)​-23
D)​23

Quizplus · Accepted Answer

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

If Private Consumption in the United States Was 69 Percent