Question

@.Sam. Calculate consumer spending given the following information:

GDP = $96 million

Government spending = $19 million

Financial investment spending = $12 million

Investment spending = $18 million

Net exports = $2 million

Answer 1

AE or GDP = C + I + G + (X-M)
Use this formula, try it out.

Answer 2

But what is x-m?

Answer 3

net exports=(x-,)

Answer 4

x-m