Question

based on the following statistics, how much are net exports? consumption $13.312 trillion investment $3.371 trillion government spending $3.412 trillion exports $2.357 trillion imports $2.932 trillion -$0.575 trillion $0.575 trillion $20.67 trillion -$20.67 trillion

Explanation:

Step1: Recall net - exports formula

Net exports = Exports - Imports

Step2: Identify values from table

Exports = $2.357$ trillion, Imports = $2.932$ trillion

Step3: Calculate net - exports

Net exports=$2.357 - 2.932=- 0.575$ trillion

Answer:

-$0.575$ trillion