In a country, the following components of aggregate demand (AD) are given: Cons...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
In a country, the following components of aggregate demand (AD) are given:
- Consumption (C) = £450 billion
- Investment (I) = £250 billion
- Government Spending (G) = £350 billion
- Net Exports (NX) = £75 billion
- Imports (M) = £120 billion
Calculate the exports (X) for the country.
Your answer is billion?
Want instant access to all verified answers on moodle.uel.ac.uk?
Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!