Question: Consider the formula: GDP = C + I + G + ( x - M ) A country has a 1 0 billion increase in

Consider the formula: GDP =C+I+G+(x-M)
A country has a 10 billion increase in imports, with a corresponding 7. billion increase in exports. Assuming nothing else has changd, what happened to GDP?
Q GBD rose by 10 billion - GDP declined by Batiliont Sodp rose by 17 bintion
Consider the formula: GDP = C + I + G + ( x - M )

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