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Item Billions of dollar Consumption expenditure 6258 Investment 1.623 Government expenditures on goods and services...

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Accounting

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Item Billions of dollar Consumption expenditure 6258 Investment 1.623 Government expenditures on goods and services 1,630 Exports of goods and services 998 Imports of goods and services 1,252 3. The table above gives the values of different expenditures in the United States. Answer the following questions about the United States. a. What is the value of net exports of goods and services? In addition, why can this trade deficit raise the issues for the US economy? 998 billion-1252 billion=-254 billion b. What is the amount of GDP from the table? 6258+1623+1630+(-254)= $9257 billion

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