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If Private Consumption in Canada Was 69 Percent of GDP,investment

question 27

Multiple Choice

If private consumption in Canada was 69 percent of GDP,investment was 18 percent,government purchases were 18 percent,exports were 9 percent,and imports were 14 percent,what percentage of GDP would net exports be equal to?

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Definitions:

Expected Time

An estimation of the duration a task or project is most likely to take, considering probabilities of various outcomes.

Probability

A measure of the likelihood that an event will occur.

Specified Time

A defined or agreed-upon duration within which a task, operation, or process is to be completed.

Stated Conditions

Predefined terms and requirements specified before a process or event.

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