in the economy of ukzten in 2010, gdp was $8000, consumption was $5000, investment was $3,000, government spending was $1500, and exports were $200. what were ukzten’s imports?

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01-12-2022
Business

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in the economy of ukzten in 2010, gdp was $8000, consumption was $5000, investment was $3,000, government spending was $1500, and exports were $200. what were ukzten’s imports?

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abiolataiwo2015 abiolataiwo2015 · Answer 1 · 2022-12-05T18:44:14+01:00

If in the economy of ukzten in 2010, gdp was $8000, consumption was $5000, investment was $3,000, government spending was $1500, and exports were $200. The ukzten’s imports is: 1700.

How to find the ukzten’s imports?

Given data:

Gdp= $8000

Consumption =$5000

Investment =$3,000

Government spending =$1500

Exports =$200

Let x represent the ukzten’s imports

5000 + 1500 + 3,000 + (X+200) = 8000 X

9700 =8000 X

X = 9700 -8,000

X = 1,700

Therefore we can conclude that the import is 1700.

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