In 2018, Arendelle had GDP of $35.035 billion, which included consumption of $15.678 billion, government spending...

In 2018, Arendelle had GDP of $35.035 billion, which included consumption of $15.678 billion, government spending of $8.678 billion, investment of $9.023 billion and imports of $5.890 billion. What were Arendelle’s exports for 2018? (Just the number, don't write billion)

Solutions

Expert Solution

Answer :

Exports =7.546

Explanation :

GDP =consumption +investment +government purchases +(export - imports)

35.035=15.678+9.023+8.678+(export-5.890)

35.035-15.678-9.023-8.678=export-5.890

1.656=export-5.890

1.658+5.890=export

7.546=export

Rahul Sunny answered 1 year ago

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