The table given below states the value of the GDP and the different components of aggregate expenditure for two years. Table 10.1
Refer to Table 10.1.Assume that the economy is at equilibrium in both years.What are net exports for year 2?
A) $60
B) $125
C) $70
D) $55
E) $195
Correct Answer:
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Q1: The table given below shows the levels
Q2: The table given below shows the levels
Q3: The table given below states the value
Q4: The table given below states the value
Q5: At the equilibrium level of income, which
Q7: Assume we are at an income level
Q8: The equilibrium level of income will rise
Q9: The figure given below represents the leakages
Q10: The figure given below shows the aggregate
Q11: Which of the following can be considered
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