A Country Recently Had GDP of $1,200 Billion

question 30

Essay

A country recently had GDP of $1,200 billion. Its consumption expenditures were $700 billion, its government spent $200 billion, and it had domestic investment of $175 billion. What was the value of this country's net capital outflow? Show your work.

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Definitions:

External Hiring

The process of filling job vacancies within a company by recruiting candidates from outside the organization, as opposed to promoting existing employees.

Computerized Record System

An electronic platform for storing, retrieving, and managing data and records efficiently.

SAP

An Enterprise Resource Planning (ERP) software developed by the German company SAP SE, which helps businesses manage business operations and customer relations.

PeopleSoft

A software company that provides human resource management systems, financial management solutions, supply chain management, and customer relationship management applications.