Question
Which of the following is subtracted from the GDP equation?
Net exports
Net imports
Imports
Exports
That is correct.
That is incorrect.
Oops… some
Net exports
Net imports
Imports
Exports
That is correct.
That is incorrect.
Oops… some
Answers
GPT-4o mini
In the GDP equation, net exports are subtracted. The GDP equation is typically expressed as:
**GDP = C + I + G + (X - M)**
Where:
- C = Consumption
- I = Investment
- G = Government Spending
- X = Exports
- M = Imports
Net exports (X - M) is the term that is subtracted, as it accounts for the difference between what a country exports and what it imports.
So, the answer is **Net exports**.
**GDP = C + I + G + (X - M)**
Where:
- C = Consumption
- I = Investment
- G = Government Spending
- X = Exports
- M = Imports
Net exports (X - M) is the term that is subtracted, as it accounts for the difference between what a country exports and what it imports.
So, the answer is **Net exports**.