Gross domestic Product GDP = C+G+1+NX” in this NX = …
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Step-by-step explanation:
n measures of national income and output, "gross investment" (represented by the variable I ) is a component of gross domestic product (GDP), given in the formula GDP = C + I + G + NX, where C is consumption, G is government spending, and NX is net exports, given by the difference between the exports and imports, X − ...
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