The table below shows nominal GDP, exports, and imports for the United States. Nominal GDP, Exports, and Imports Nominal GDP Exports (billions of dollars) $2,299.7 2,325.0 Imports (billions of dollars) (billions of dollars) Year $16,933.7 17,549.8 $2,745.9 2,866.8 2015 2016 Instructions: Round your answers to 1 decimal place. If you are entering a negati a. Calculate the value of net exports in 2015. billion b. Calculate the value of net exports in 2016. $4 billion
The table below shows nominal GDP, exports, and imports for the United States. Nominal GDP, Exports, and Imports Nominal GDP Exports (billions of dollars) $2,299.7 2,325.0 Imports (billions of dollars) (billions of dollars) Year $16,933.7 17,549.8 $2,745.9 2,866.8 2015 2016 Instructions: Round your answers to 1 decimal place. If you are entering a negati a. Calculate the value of net exports in 2015. billion b. Calculate the value of net exports in 2016. $4 billion
Chapter4: The Aggregate Economy
Section: Chapter Questions
Problem 5E
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