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Question 11 (5 points) Suppose nominal GDP in an economy is $4600 billion. Consumer expenditures are $3500 billion, governmen
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The equilibrium is at
Y=C+I+G+NX
Y=GDP
C=consumption
I=investment
G=government purchase
NX=net export

4600=3500+900+400+NX
NX=4600-4800=-$200 billion
the net export is -$200 billion

Option d

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