GDP equals $8 trillion.If consumption equals $5.5 trillion, investment equals $500 billion, and government spending equals $1.5 trillion, then:
A) exports exceed imports by $500 billion.
B) imports exceed exports by $500 billion.
C) net exports equal zero.
D) exports exceed imports by $1 trillion.
E) imports exceed exports by $1 trillion.
Correct Answer:
Verified
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