Exhibit 11-8 GDP Data (Billions of Dollars) -In Exhibit 11-8,and Using the Expenditures Approach,compute Net Exports (NX)

question 201

Multiple Choice

Exhibit 11-8 GDP data (billions of dollars)
$$\begin{array} { | l | r | } \hline \text { Indirect business taxes } & \$ 600 \\\hline \text { Depreciation } & 950 \\\hline \text { Change in business inventaries } & 50 \\\hline \text { Compensation of employees } & 5,400 \\\hline \text { Corparate profits } & 700 \\\hline \text { Durable goads } & 600 \\\hline \text { Expurts } & 100 \\\hline \text { Social Security taxes } & 360 \\\hline \text { Transfer payments } & 300 \\\hline \text { Fixed investment } & 950 \\\hline \text { Government 5pending } & 900 \\\hline \text { Imparts } & 150 \\\hline \text { Net interest } & 500 \\\hline \text { Nondurable goods } & 2,000 \\\hline \text { Persanal taxes } & 1,000 \\\hline \text { Rental income } & 200 \\\hline \text { Services } & 4,000 \\\hline\end{array}$$
-In Exhibit 11-8,and using the expenditures approach,compute net exports (NX) .Which of the following is correct?

• A) -$100 billion.
• B) $150 billion.
• C) $250 billion.
• D) -$50 billion.
• E) -$60 billion.

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