Business, 22.10.2019 21:00 Jasten

Country 1 has a gross domestic product (gdp) of $75 billion. the country has a large public sector, which accounts for $25 billion of spending. consumer spending and investment spending account for $25 billion and $15 billion respectively. what are the values of country 1’s imports and exports?

a
country 1’s imports are worth $20 billion and its exports are worth $30 billion.

b
country 1’s imports are worth $25 billion and its exports are worth $15 billion.

c
country 1’s imports are worth $15 billion and its exports are worth $10 billion.

d
country 1’s imports are worth $10 billion and its exports are worth $25 billion.

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Country 1 has a gross domestic product (gdp) of $75 billion. the country has a large public sector,...

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