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2 years ago

A very small country's gross domestic product is $12 million.

Business

1 answer:

Alekssandra [29.7K]2 years ago

4 0

Answer:

The amount of net exports of goods and services is -$1 million.

Explanation:

The gross domestic product (GDP) is equal to the total value of the products and services that are produced in a country in a specific period of time. In this case, we will have that GDP would be:

GDP= I+G+NX

I= investment

G= government expenditure

NX= net exports

Then, we replace the formula and isolate NX:

$12=$5.5+$7.5+NX

NX= $12-$5.5-$7.5

NX= -$1

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Answer:

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Accounts receivable 108,000

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Answer:

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Answer:

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Explanation:

Solution

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