In the economy of Talikastan in 2015,consumption was $5300,GDP was $8800,government purchases were $1800,imports were $600,and investment was $2000.What were Talikastan's exports in 2015?

Question

Quizplus · Accepted Answer

To find exports, use the GDP formula: GDP = Consumption + Investment + Government Purchases + (Exports - Imports). Plug in the values: $8800 = $5300 + $2000 + $1800 + (Exports - $600). Solving for Exports gives $300.

In the Economy of Talikastan in 2015,consumption Was $5300,GDP Was