What is the level of net exports or balance of trade

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Reference no: EM131112580

Suppose a country has total GDP (Y) = $10 trillion, consumption = $7 trillion, government spending = $3 trillion, investment = $2 trillion, and taxes = $1.7 trillion.

Instructions: Round your answers to one decimal place and include a negative sign if necessary.

a. What is the level of net exports or balance of trade? $_______ trillion.

b. What is the level of public savings? $______ trillion.

c. What is the level of private savings? $ _1.3_trillion.

d. What is the level of net capital outflow? $_________ trillion.

Reference no: EM131112580

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