Determine the nations gross private domestic investment if

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A nation's gross domestic product (GDP) is $600 million. Its personal consumption expenditures are $350 million, and government expenditures are $100 million. Net exports of goods and services amount to $50 million.

a. Determine the nation's gross private domestic investment.

b. If imports exceed exports by $25 million, how would your answer to (a) change?

Reference no: EM13480797


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