Reference no: EM13892100
Consumption=$400,000,000
Savings=$11,000,000
Imports= $23,000,000
Investments=$15,000,000
National Income=$67,000,000
Governmental Spending=$27,000,000
Taxes=$16,000,000
Exports=$15,000,000
1. What is the situation in the area of trade (use a dollar amount)?
a. A trade-surplus of $8,000,000
b. A trade-deficit of $8,000,000
c. A trade-surplus of $2,000,000
d. A trade-deficit of $2,000,000
e. A trade-balance exists
2. What do keakages equal (measured in dollars)?
3. What do injections equal (measure in $)?
4. Is this economy in equilibrium?
a. Yes because leakges = injections
b. No, unemployment exits because injections are greater than leakages
c. No, inflation exitsts because injections are greater than leakages
d. No, unemployment exists because leakages are greater than injections
e. No, inflation exists because leakages are greater than injections
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