Examlex
Suppose that government spending fell by $20 billion with a multiplier of 7.What happened to GDP?
Exports
are goods or services produced in one country and sold to buyers in another, representing a key component of international trade.
Net Exports
Net exports represent the difference between a country's exports and imports of goods and services.
GDP
Describing the entire market price of all final products and services created within the confines of a country throughout a given timeframe as Gross Domestic Product.
Government Spending
Expenditures by government bodies on goods, services, and public projects to fulfill its various functions and responsibilities.
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