A Country Recently Had a GDP of $1000 Billion

question 186

Essay

A country recently had a GDP of $1000 billion. Its consumption expenditures were $650 billion, its government spent $250 billion, and it had domestic investment of $150 billion. What was the value of this country's net capital outflow? Explain how you found your answer.

---

Definitions:

Rename Field

The action or process of changing the name of a database field or form element to better reflect its content or function.

Column Heading

The title or label for a column in a table or spreadsheet, describing the data it contains.

Long Text

A text field type in databases or forms that allows for the input and storage of lengthy text entries, accommodating more detailed information than standard text fields.

Variable Amount

Refers to a quantity that can change or vary depending on certain conditions or inputs.